TAQA Morocco Financial Health
How is TAQA Morocco's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: TQM's short term assets (MAD7.7B) exceed its short term liabilities (MAD5.0B).
Long Term Liabilities: TQM's short term assets (MAD7.7B) do not cover its long term liabilities (MAD9.4B).
Debt to Equity History and Analysis
Debt Level: TQM's net debt to equity ratio (117.8%) is considered high.
Reducing Debt: TQM's debt to equity ratio has reduced from 233% to 140.9% over the past 5 years.
Debt Coverage: TQM's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: TQM's interest payments on its debt are well covered by EBIT (6.4x coverage).