Aradei Capital Balance Sheet Health
Financial Health criteria checks 2/6
Aradei Capital has a total shareholder equity of MAD4.6B and total debt of MAD3.4B, which brings its debt-to-equity ratio to 74.9%. Its total assets and total liabilities are MAD9.1B and MAD4.5B respectively. Aradei Capital's EBIT is MAD439.8M making its interest coverage ratio 3.5. It has cash and short-term investments of MAD682.3M.
Key information
74.9%
Debt to equity ratio
د.م3.42b
Debt
Interest coverage ratio | 3.5x |
Cash | د.م682.33m |
Equity | د.م4.57b |
Total liabilities | د.م4.50b |
Total assets | د.م9.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARD's short term assets (MAD1.4B) exceed its short term liabilities (MAD1.3B).
Long Term Liabilities: ARD's short term assets (MAD1.4B) do not cover its long term liabilities (MAD3.1B).
Debt to Equity History and Analysis
Debt Level: ARD's net debt to equity ratio (60%) is considered high.
Reducing Debt: ARD's debt to equity ratio has increased from 52.4% to 74.9% over the past 5 years.
Debt Coverage: ARD's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: ARD's interest payments on its debt are well covered by EBIT (3.5x coverage).