Alliances Developpement Immobilier Balance Sheet Health
Financial Health criteria checks 4/6
Alliances Developpement Immobilier has a total shareholder equity of MAD3.4B and total debt of MAD2.3B, which brings its debt-to-equity ratio to 68.4%. Its total assets and total liabilities are MAD12.0B and MAD8.7B respectively. Alliances Developpement Immobilier's EBIT is MAD315.1M making its interest coverage ratio 3.9. It has cash and short-term investments of MAD140.5M.
Key information
68.4%
Debt to equity ratio
د.م2.31b
Debt
| Interest coverage ratio | 3.9x |
| Cash | د.م140.50m |
| Equity | د.م3.37b |
| Total liabilities | د.م8.67b |
| Total assets | د.م12.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADI's short term assets (MAD10.6B) exceed its short term liabilities (MAD5.7B).
Long Term Liabilities: ADI's short term assets (MAD10.6B) exceed its long term liabilities (MAD3.0B).
Debt to Equity History and Analysis
Debt Level: ADI's net debt to equity ratio (64.2%) is considered high.
Reducing Debt: ADI's debt to equity ratio has reduced from 92.3% to 68.4% over the past 5 years.
Debt Coverage: ADI's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: ADI's interest payments on its debt are well covered by EBIT (3.9x coverage).