TotalEnergies Marketing Maroc Balance Sheet Health
Financial Health criteria checks 4/6
TotalEnergies Marketing Maroc has a total shareholder equity of MAD2.4B and total debt of MAD889.2M, which brings its debt-to-equity ratio to 37.6%. Its total assets and total liabilities are MAD8.8B and MAD6.4B respectively. TotalEnergies Marketing Maroc's EBIT is MAD401.2M making its interest coverage ratio 7. It has cash and short-term investments of MAD1.2B.
Key information
37.6%
Debt to equity ratio
د.م889.18m
Debt
Interest coverage ratio | 7x |
Cash | د.م1.16b |
Equity | د.م2.36b |
Total liabilities | د.م6.39b |
Total assets | د.م8.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TMA's short term assets (MAD5.8B) exceed its short term liabilities (MAD5.8B).
Long Term Liabilities: TMA's short term assets (MAD5.8B) exceed its long term liabilities (MAD582.2M).
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 26.6% to 37.6% over the past 5 years.
Debt Coverage: TMA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TMA's interest payments on its debt are well covered by EBIT (7x coverage).