Societe Industrielle des Textiles Balance Sheet Health
Financial Health criteria checks 2/6
Societe Industrielle des Textiles has a total shareholder equity of TND154.9M and total debt of TND65.9M, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are TND228.6M and TND73.7M respectively.
Key information
42.5%
Debt to equity ratio
د.ت65.88m
Debt
| Interest coverage ratio | n/a |
| Cash | د.ت1.28m |
| Equity | د.ت154.88m |
| Total liabilities | د.ت73.72m |
| Total assets | د.ت228.61m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: SITEX's short term assets (TND36.9M) do not cover its short term liabilities (TND60.9M).
Long Term Liabilities: SITEX's short term assets (TND36.9M) exceed its long term liabilities (TND12.8M).
Debt to Equity History and Analysis
Debt Level: SITEX's net debt to equity ratio (41.7%) is considered high.
Reducing Debt: SITEX's debt to equity ratio has reduced from 181.2% to 42.5% 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.