Société Immobilière Balima Balance Sheet Health
Financial Health criteria checks 6/6
Société Immobilière Balima has a total shareholder equity of MAD119.9M and total debt of MAD7.2M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are MAD157.4M and MAD37.5M respectively. Société Immobilière Balima's EBIT is MAD13.7M making its interest coverage ratio -3.5. It has cash and short-term investments of MAD35.2M.
Key information
6.0%
Debt to equity ratio
د.م7.25m
Debt
| Interest coverage ratio | -3.5x |
| Cash | د.م35.18m |
| Equity | د.م119.85m |
| Total liabilities | د.م37.52m |
| Total assets | د.م157.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAL's short term assets (MAD85.7M) exceed its short term liabilities (MAD4.5M).
Long Term Liabilities: BAL's short term assets (MAD85.7M) exceed its long term liabilities (MAD33.1M).
Debt to Equity History and Analysis
Debt Level: BAL has more cash than its total debt.
Reducing Debt: BAL's debt to equity ratio has reduced from 6.3% to 6% over the past 5 years.
Debt Coverage: BAL's debt is well covered by operating cash flow (352.5%).
Interest Coverage: BAL earns more interest than it pays, so coverage of interest payments is not a concern.