Société Immobilière Balima Balance Sheet Health
Financial Health criteria checks 5/6
Société Immobilière Balima has a total shareholder equity of MAD117.0M and total debt of MAD7.0M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are MAD151.7M and MAD34.7M respectively. Société Immobilière Balima's EBIT is MAD8.7M making its interest coverage ratio -148. It has cash and short-term investments of MAD52.6M.
Key information
6.0%
Debt to equity ratio
د.م7.00m
Debt
| Interest coverage ratio | -148x |
| Cash | د.م52.57m |
| Equity | د.م117.01m |
| Total liabilities | د.م34.66m |
| Total assets | د.م151.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAL's short term assets (MAD96.5M) exceed its short term liabilities (MAD9.6M).
Long Term Liabilities: BAL's short term assets (MAD96.5M) exceed its long term liabilities (MAD25.1M).
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 6.2% to 6% over the past 5 years.
Debt Coverage: BAL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BAL earns more interest than it pays, so coverage of interest payments is not a concern.