Compagnie de Transports au Maroc Société Anonyme Balance Sheet Health
Financial Health criteria checks 6/6
Compagnie de Transports au Maroc Société Anonyme has a total shareholder equity of MAD282.8M and total debt of MAD103.7M, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are MAD728.2M and MAD445.4M respectively. Compagnie de Transports au Maroc Société Anonyme's EBIT is MAD23.9M making its interest coverage ratio 17.2. It has cash and short-term investments of MAD117.7M.
Key information
36.7%
Debt to equity ratio
د.م103.68m
Debt
| Interest coverage ratio | 17.2x |
| Cash | د.م117.66m |
| Equity | د.م282.75m |
| Total liabilities | د.م445.44m |
| Total assets | د.م728.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTM's short term assets (MAD374.8M) exceed its short term liabilities (MAD337.7M).
Long Term Liabilities: CTM's short term assets (MAD374.8M) exceed its long term liabilities (MAD107.8M).
Debt to Equity History and Analysis
Debt Level: CTM has more cash than its total debt.
Reducing Debt: CTM's debt to equity ratio has reduced from 42% to 36.7% over the past 5 years.
Debt Coverage: CTM's debt is well covered by operating cash flow (151.1%).
Interest Coverage: CTM's interest payments on its debt are well covered by EBIT (17.2x coverage).