Société Industrielle d'Appareillage et de Matériels Electriques Balance Sheet Health
Financial Health criteria checks 2/6
Société Industrielle d'Appareillage et de Matériels Electriques has a total shareholder equity of TND29.1M and total debt of TND16.1M, which brings its debt-to-equity ratio to 55.3%. Its total assets and total liabilities are TND54.5M and TND25.4M respectively. Société Industrielle d'Appareillage et de Matériels Electriques's EBIT is TND2.9M making its interest coverage ratio 1. It has cash and short-term investments of TND1.6M.
Key information
55.3%
Debt to equity ratio
د.ت16.12m
Debt
Interest coverage ratio | 1x |
Cash | د.ت1.62m |
Equity | د.ت29.15m |
Total liabilities | د.ت25.37m |
Total assets | د.ت54.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SIAME's short term assets (TND37.1M) exceed its short term liabilities (TND24.0M).
Long Term Liabilities: SIAME's short term assets (TND37.1M) exceed its long term liabilities (TND1.4M).
Debt to Equity History and Analysis
Debt Level: SIAME's net debt to equity ratio (49.7%) is considered high.
Reducing Debt: SIAME's debt to equity ratio has increased from 48.8% to 55.3% over the past 5 years.
Debt Coverage: SIAME's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SIAME's interest payments on its debt are not well covered by EBIT (1x coverage).