L'Accumulateur Tunisien Assad Balance Sheet Health
Financial Health criteria checks 2/6
L'Accumulateur Tunisien Assad has a total shareholder equity of TND25.1M and total debt of TND96.0M, which brings its debt-to-equity ratio to 382.1%. Its total assets and total liabilities are TND156.7M and TND131.6M respectively. L'Accumulateur Tunisien Assad's EBIT is TND52.0K making its interest coverage ratio 0. It has cash and short-term investments of TND7.7M.
Key information
382.1%
Debt to equity ratio
د.ت96.02m
Debt
Interest coverage ratio | 0.006x |
Cash | د.ت7.68m |
Equity | د.ت25.13m |
Total liabilities | د.ت131.60m |
Total assets | د.ت156.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASSAD's short term assets (TND108.8M) exceed its short term liabilities (TND92.6M).
Long Term Liabilities: ASSAD's short term assets (TND108.8M) exceed its long term liabilities (TND39.0M).
Debt to Equity History and Analysis
Debt Level: ASSAD's net debt to equity ratio (351.6%) is considered high.
Reducing Debt: ASSAD's debt to equity ratio has increased from 96.8% to 382.1% over the past 5 years.
Debt Coverage: ASSAD's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: ASSAD's interest payments on its debt are not well covered by EBIT (0x coverage).