Compagnie de Transports au Maroc Société Anonyme Balance Sheet Health
Financial Health criteria checks 3/6
Compagnie de Transports au Maroc Société Anonyme has a total shareholder equity of MAD349.2M and total debt of MAD377.8M, which brings its debt-to-equity ratio to 108.2%. Its total assets and total liabilities are MAD1.5B and MAD1.2B respectively. Compagnie de Transports au Maroc Société Anonyme's EBIT is MAD42.6M making its interest coverage ratio 26.2. It has cash and short-term investments of MAD175.1M.
Key information
108.2%
Debt to equity ratio
د.م377.78m
Debt
| Interest coverage ratio | 26.2x |
| Cash | د.م175.11m |
| Equity | د.م349.17m |
| Total liabilities | د.م1.17b |
| Total assets | د.م1.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTM's short term assets (MAD725.3M) do not cover its short term liabilities (MAD784.6M).
Long Term Liabilities: CTM's short term assets (MAD725.3M) exceed its long term liabilities (MAD382.6M).
Debt to Equity History and Analysis
Debt Level: CTM's net debt to equity ratio (58%) is considered high.
Reducing Debt: CTM's debt to equity ratio has increased from 45% to 108.2% over the past 5 years.
Debt Coverage: CTM's debt is well covered by operating cash flow (68.5%).
Interest Coverage: CTM's interest payments on its debt are well covered by EBIT (26.2x coverage).