TAQA Morocco Financial Health

How is TAQA Morocco's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

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).


Balance Sheet


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