Itissalat Al-Maghrib (IAM) Balance Sheet Health
Financial Health criteria checks 4/6
Itissalat Al-Maghrib (IAM) has a total shareholder equity of MAD21.0B and total debt of MAD15.8B, which brings its debt-to-equity ratio to 75.1%. Its total assets and total liabilities are MAD65.5B and MAD44.5B respectively. Itissalat Al-Maghrib (IAM)'s EBIT is MAD11.6B making its interest coverage ratio 13.7. It has cash and short-term investments of MAD1.0B.
Key information
75.1%
Debt to equity ratio
د.م15.78b
Debt
Interest coverage ratio | 13.7x |
Cash | د.م1.01b |
Equity | د.م21.00b |
Total liabilities | د.م44.54b |
Total assets | د.م65.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IAM's short term assets (MAD13.9B) do not cover its short term liabilities (MAD39.7B).
Long Term Liabilities: IAM's short term assets (MAD13.9B) exceed its long term liabilities (MAD4.9B).
Debt to Equity History and Analysis
Debt Level: IAM's net debt to equity ratio (70.3%) is considered high.
Reducing Debt: IAM's debt to equity ratio has reduced from 80.1% to 75.1% over the past 5 years.
Debt Coverage: IAM's debt is well covered by operating cash flow (82.7%).
Interest Coverage: IAM's interest payments on its debt are well covered by EBIT (13.7x coverage).