TotalEnergies Marketing Maroc Balance Sheet Health
Financial Health criteria checks 4/6
TotalEnergies Marketing Maroc has a total shareholder equity of MAD2.3B and total debt of MAD763.6M, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are MAD9.3B and MAD7.0B respectively. TotalEnergies Marketing Maroc's EBIT is MAD388.1M making its interest coverage ratio 6. It has cash and short-term investments of MAD1.5B.
Key information
33.0%
Debt to equity ratio
د.م763.59m
Debt
| Interest coverage ratio | 6x |
| Cash | د.م1.49b |
| Equity | د.م2.32b |
| Total liabilities | د.م6.96b |
| Total assets | د.م9.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TMA's short term assets (MAD6.1B) do not cover its short term liabilities (MAD6.3B).
Long Term Liabilities: TMA's short term assets (MAD6.1B) exceed its long term liabilities (MAD671.4M).
Debt to Equity History and Analysis
Debt Level: TMA has more cash than its total debt.
Reducing Debt: TMA's debt to equity ratio has increased from 27.8% to 33% over the past 5 years.
Debt Coverage: TMA's debt is well covered by operating cash flow (230.3%).
Interest Coverage: TMA's interest payments on its debt are well covered by EBIT (6x coverage).