Societe Industrielle des Textiles Balance Sheet Health
Financial Health criteria checks 1/6
Societe Industrielle des Textiles has a total shareholder equity of TND20.2M and total debt of TND72.9M, which brings its debt-to-equity ratio to 361.5%. Its total assets and total liabilities are TND102.5M and TND82.3M respectively. Societe Industrielle des Textiles's EBIT is TND2.1M making its interest coverage ratio 0.5. It has cash and short-term investments of TND2.1M.
Key information
361.5%
Debt to equity ratio
د.ت72.88m
Debt
Interest coverage ratio | 0.5x |
Cash | د.ت2.11m |
Equity | د.ت20.16m |
Total liabilities | د.ت82.33m |
Total assets | د.ت102.50m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: SITEX's short term assets (TND57.2M) do not cover its short term liabilities (TND70.7M).
Long Term Liabilities: SITEX's short term assets (TND57.2M) exceed its long term liabilities (TND11.6M).
Debt to Equity History and Analysis
Debt Level: SITEX's net debt to equity ratio (351%) is considered high.
Reducing Debt: SITEX's debt to equity ratio has increased from 124.9% to 361.5% 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 SITEX has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SITEX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.