Auto Nejma Maroc Balance Sheet Health
Financial Health criteria checks 4/6
Auto Nejma Maroc has a total shareholder equity of MAD1.1B and total debt of MAD258.7M, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are MAD2.5B and MAD1.4B respectively. Auto Nejma Maroc's EBIT is MAD285.6M making its interest coverage ratio 351.2. It has cash and short-term investments of MAD65.8M.
Key information
22.8%
Debt to equity ratio
د.م258.70m
Debt
| Interest coverage ratio | 351.2x |
| Cash | د.م65.82m |
| Equity | د.م1.13b |
| Total liabilities | د.م1.40b |
| Total assets | د.م2.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NEJ's short term assets (MAD1.8B) exceed its short term liabilities (MAD877.2M).
Long Term Liabilities: NEJ's short term assets (MAD1.8B) exceed its long term liabilities (MAD519.4M).
Debt to Equity History and Analysis
Debt Level: NEJ's net debt to equity ratio (17%) is considered satisfactory.
Reducing Debt: NEJ's debt to equity ratio has increased from 14.7% to 22.8% over the past 5 years.
Debt Coverage: NEJ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NEJ's interest payments on its debt are well covered by EBIT (351.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:56 |
| End of Day Share Price | 2024/12/10 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Auto Nejma Maroc S.A. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kais Kriaa | AlphaMena |
| Fayçal Allouch | CFG Marches |
| null RESEARCH DEPARTMENT | Upline Securities |