L'Accumulateur Tunisien Assad Balance Sheet Health
Financial Health criteria checks 1/6
L'Accumulateur Tunisien Assad has a total shareholder equity of TND15.5M and total debt of TND104.4M, which brings its debt-to-equity ratio to 673.9%. Its total assets and total liabilities are TND161.0M and TND145.5M respectively. L'Accumulateur Tunisien Assad's EBIT is TND1.4M making its interest coverage ratio 0.1. It has cash and short-term investments of TND9.7M.
Key information
673.9%
Debt to equity ratio
د.ت104.45m
Debt
| Interest coverage ratio | 0.1x |
| Cash | د.ت9.71m |
| Equity | د.ت15.50m |
| Total liabilities | د.ت145.49m |
| Total assets | د.ت160.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASSAD's short term assets (TND103.0M) do not cover its short term liabilities (TND104.0M).
Long Term Liabilities: ASSAD's short term assets (TND103.0M) exceed its long term liabilities (TND41.5M).
Debt to Equity History and Analysis
Debt Level: ASSAD's net debt to equity ratio (611.3%) is considered high.
Reducing Debt: ASSAD's debt to equity ratio has increased from 91.7% to 673.9% over the past 5 years.
Debt Coverage: ASSAD's debt is not well covered by operating cash flow (9%).
Interest Coverage: ASSAD's interest payments on its debt are not well covered by EBIT (0.1x coverage).