M2M Group Balance Sheet Health
Financial Health criteria checks 5/6
M2M Group has a total shareholder equity of MAD168.9M and total debt of MAD904.3K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are MAD270.1M and MAD101.2M respectively.
Key information
0.5%
Debt to equity ratio
د.م904.27k
Debt
Interest coverage ratio | n/a |
Cash | د.م122.68m |
Equity | د.م168.94m |
Total liabilities | د.م101.15m |
Total assets | د.م270.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M2M's short term assets (MAD254.4M) exceed its short term liabilities (MAD34.3M).
Long Term Liabilities: M2M's short term assets (MAD254.4M) exceed its long term liabilities (MAD66.8M).
Debt to Equity History and Analysis
Debt Level: M2M has more cash than its total debt.
Reducing Debt: M2M's debt to equity ratio has reduced from 1.4% to 0.5% over the past 5 years.
Debt Coverage: M2M's debt is well covered by operating cash flow (40.7%).
Interest Coverage: Insufficient data to determine if M2M's interest payments on its debt are well covered by EBIT.