Immorente Invest Balance Sheet Health
Financial Health criteria checks 4/6
Immorente Invest has a total shareholder equity of MAD680.4M and total debt of MAD133.4M, which brings its debt-to-equity ratio to 19.6%. Its total assets and total liabilities are MAD839.4M and MAD158.9M respectively. Immorente Invest's EBIT is MAD5.8M making its interest coverage ratio -29.2. It has cash and short-term investments of MAD28.1M.
Key information
19.6%
Debt to equity ratio
د.م133.44m
Debt
| Interest coverage ratio | -29.2x |
| Cash | د.م28.10m |
| Equity | د.م680.44m |
| Total liabilities | د.م158.91m |
| Total assets | د.م839.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMO's short term assets (MAD49.8M) do not cover its short term liabilities (MAD51.8M).
Long Term Liabilities: IMO's short term assets (MAD49.8M) do not cover its long term liabilities (MAD107.1M).
Debt to Equity History and Analysis
Debt Level: IMO's net debt to equity ratio (15.5%) is considered satisfactory.
Reducing Debt: IMO's debt to equity ratio has reduced from 33.5% to 19.6% over the past 5 years.
Debt Coverage: IMO's debt is well covered by operating cash flow (36.4%).
Interest Coverage: IMO earns more interest than it pays, so coverage of interest payments is not a concern.