TotalEnergies Marketing Maroc Balance Sheet Health
Financial Health criteria checks 4/6
TotalEnergies Marketing Maroc has a total shareholder equity of MAD2.2B and total debt of MAD1.3B, which brings its debt-to-equity ratio to 58.2%. Its total assets and total liabilities are MAD8.7B and MAD6.5B respectively. TotalEnergies Marketing Maroc's EBIT is MAD817.5M making its interest coverage ratio 11. It has cash and short-term investments of MAD1.4B.
Key information
58.2%
Debt to equity ratio
د.م1.29b
Debt
| Interest coverage ratio | 11x |
| Cash | د.م1.37b |
| Equity | د.م2.22b |
| Total liabilities | د.م6.50b |
| Total assets | د.م8.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TMA's short term assets (MAD5.6B) do not cover its short term liabilities (MAD5.8B).
Long Term Liabilities: TMA's short term assets (MAD5.6B) exceed its long term liabilities (MAD744.6M).
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 42.7% to 58.2% over the past 5 years.
Debt Coverage: TMA's debt is well covered by operating cash flow (69.4%).
Interest Coverage: TMA's interest payments on its debt are well covered by EBIT (11x coverage).