Immorente Invest Balance Sheet Health
Financial Health criteria checks 4/6
Immorente Invest has a total shareholder equity of MAD814.7M and total debt of MAD171.5M, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are MAD1.1B and MAD265.5M respectively. Immorente Invest's EBIT is MAD7.6M making its interest coverage ratio 3.3. It has cash and short-term investments of MAD1.9M.
Key information
21.0%
Debt to equity ratio
د.م171.45m
Debt
| Interest coverage ratio | 3.3x |
| Cash | د.م1.91m |
| Equity | د.م814.73m |
| Total liabilities | د.م265.52m |
| Total assets | د.م1.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMO's short term assets (MAD21.2M) do not cover its short term liabilities (MAD23.9M).
Long Term Liabilities: IMO's short term assets (MAD21.2M) do not cover its long term liabilities (MAD241.6M).
Debt to Equity History and Analysis
Debt Level: IMO's net debt to equity ratio (20.8%) is considered satisfactory.
Reducing Debt: IMO's debt to equity ratio has reduced from 36% to 21% over the past 5 years.
Debt Coverage: IMO's debt is well covered by operating cash flow (25.1%).
Interest Coverage: IMO's interest payments on its debt are well covered by EBIT (3.3x coverage).