Société Maghrébine de Monétique Balance Sheet Health
Financial Health criteria checks 5/6
Société Maghrébine de Monétique has a total shareholder equity of MAD53.1M and total debt of MAD14.7M, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are MAD242.3M and MAD189.2M respectively. Société Maghrébine de Monétique's EBIT is MAD28.6M making its interest coverage ratio 2.6. It has cash and short-term investments of MAD26.1M.
Key information
27.7%
Debt to equity ratio
د.م14.68m
Debt
| Interest coverage ratio | 2.6x |
| Cash | د.م26.13m |
| Equity | د.م53.07m |
| Total liabilities | د.م189.21m |
| Total assets | د.م242.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S2M's short term assets (MAD208.3M) exceed its short term liabilities (MAD164.4M).
Long Term Liabilities: S2M's short term assets (MAD208.3M) exceed its long term liabilities (MAD24.8M).
Debt to Equity History and Analysis
Debt Level: S2M has more cash than its total debt.
Reducing Debt: S2M's debt to equity ratio has reduced from 81.7% to 27.7% over the past 5 years.
Debt Coverage: S2M's debt is well covered by operating cash flow (160%).
Interest Coverage: S2M's interest payments on its debt are not well covered by EBIT (2.6x coverage).