Douja Promotion Groupe Addoha Balance Sheet Health
Financial Health criteria checks 3/6
Douja Promotion Groupe Addoha has a total shareholder equity of MAD9.6B and total debt of MAD5.1B, which brings its debt-to-equity ratio to 53%. Its total assets and total liabilities are MAD20.6B and MAD11.0B respectively. Douja Promotion Groupe Addoha's EBIT is MAD115.0M making its interest coverage ratio 0.4. It has cash and short-term investments of MAD343.4M.
Key information
53.0%
Debt to equity ratio
د.م5.09b
Debt
Interest coverage ratio | 0.4x |
Cash | د.م343.36m |
Equity | د.م9.62b |
Total liabilities | د.م11.03b |
Total assets | د.م20.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADH's short term assets (MAD19.0B) exceed its short term liabilities (MAD6.7B).
Long Term Liabilities: ADH's short term assets (MAD19.0B) exceed its long term liabilities (MAD4.3B).
Debt to Equity History and Analysis
Debt Level: ADH's net debt to equity ratio (49.4%) is considered high.
Reducing Debt: ADH's debt to equity ratio has reduced from 53.6% to 53% over the past 5 years.
Debt Coverage: ADH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ADH's interest payments on its debt are not well covered by EBIT (0.4x coverage).