Société Moderne de Céramique Balance Sheet Health
Financial Health criteria checks 2/6
Société Moderne de Céramique has a total shareholder equity of TND75.2M and total debt of TND104.7M, which brings its debt-to-equity ratio to 139.4%. Its total assets and total liabilities are TND251.7M and TND176.5M respectively. Société Moderne de Céramique's EBIT is TND9.9M making its interest coverage ratio 0.6. It has cash and short-term investments of TND13.8M.
Key information
139.4%
Debt to equity ratio
د.ت104.75m
Debt
Interest coverage ratio | 0.6x |
Cash | د.ت13.77m |
Equity | د.ت75.15m |
Total liabilities | د.ت176.53m |
Total assets | د.ت251.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOMOC's short term assets (TND125.8M) do not cover its short term liabilities (TND129.3M).
Long Term Liabilities: SOMOC's short term assets (TND125.8M) exceed its long term liabilities (TND47.2M).
Debt to Equity History and Analysis
Debt Level: SOMOC's net debt to equity ratio (121%) is considered high.
Reducing Debt: SOMOC's debt to equity ratio has reduced from 201.1% to 139.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if SOMOC has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SOMOC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.