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Timar Balance Sheet Health
Financial Health criteria checks 5/6
Timar has a total shareholder equity of MAD176.6M and total debt of MAD37.5M, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are MAD432.2M and MAD255.6M respectively. Timar's EBIT is MAD40.6M making its interest coverage ratio 10.6. It has cash and short-term investments of MAD82.9M.
Key information
21.25%
Debt to equity ratio
د.م37.54m
Debt
Interest coverage ratio
10.6x
Cash
د.م82.93m
Equity
د.م176.60m
Total liabilities
د.م255.62m
Total assets
د.م432.22m
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TIM's short term assets (MAD287.9M) exceed its short term liabilities (MAD186.7M).
Long Term Liabilities: TIM's short term assets (MAD287.9M) exceed its long term liabilities (MAD68.9M).
Debt to Equity History and Analysis
Debt Level: TIM has more cash than its total debt.
Reducing Debt: TIM's debt to equity ratio has reduced from 37.8% to 21.3% over the past 5 years.
Debt Coverage: Insufficient data to determine if TIM's debt is well covered by operating cash flow.
Interest Coverage: TIM's interest payments on its debt are well covered by EBIT (10.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2024/06/19 17:16
End of Day Share Price
2024/05/20 00:00
Earnings
2023/12/31
Annual Earnings
2023/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Timar SA is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.