SONASID Balance Sheet Health
Financial Health criteria checks 6/6
SONASID has a total shareholder equity of MAD1.8B and total debt of MAD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MAD4.9B and MAD3.1B respectively. SONASID's EBIT is MAD116.9M making its interest coverage ratio 5. It has cash and short-term investments of MAD778.1M.
Key information
0%
Debt to equity ratio
د.م0
Debt
| Interest coverage ratio | 5x |
| Cash | د.م778.06m |
| Equity | د.م1.82b |
| Total liabilities | د.م3.07b |
| Total assets | د.م4.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SID's short term assets (MAD3.3B) exceed its short term liabilities (MAD2.6B).
Long Term Liabilities: SID's short term assets (MAD3.3B) exceed its long term liabilities (MAD500.8M).
Debt to Equity History and Analysis
Debt Level: SID is debt free.
Reducing Debt: SID has no debt compared to 5 years ago when its debt to equity ratio was 13.9%.
Debt Coverage: SID has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SID has no debt, therefore coverage of interest payments is not a concern.