TAQA Morocco Balance Sheet Health
Financial Health criteria checks 3/6
TAQA Morocco has a total shareholder equity of MAD7.4B and total debt of MAD10.3B, which brings its debt-to-equity ratio to 140.4%. Its total assets and total liabilities are MAD20.9B and MAD13.6B respectively. TAQA Morocco's EBIT is MAD2.6B making its interest coverage ratio 7.5. It has cash and short-term investments of MAD3.6B.
Key information
140.36%
Debt to equity ratio
د.م10.34b
Debt
| Interest coverage ratio | 7.5x |
| Cash | د.م3.57b |
| Equity | د.م7.37b |
| Total liabilities | د.م13.55b |
| Total assets | د.م20.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TQM's short term assets (MAD8.8B) exceed its short term liabilities (MAD3.2B).
Long Term Liabilities: TQM's short term assets (MAD8.8B) do not cover its long term liabilities (MAD10.4B).
Debt to Equity History and Analysis
Debt Level: TQM's net debt to equity ratio (91.9%) is considered high.
Reducing Debt: TQM's debt to equity ratio has reduced from 185.5% to 140.4% over the past 5 years.
Debt Coverage: TQM's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: TQM's interest payments on its debt are well covered by EBIT (7.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/04 02:29 |
| End of Day Share Price | 2025/07/04 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
TAQA Morocco S.A. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kais Kriaa | AlphaMena |
| Salma Kharbachi | AlphaMena |
| Dounia Filali | Bmce Capital Bourse |