Best Lease Balance Sheet Health
Financial Health criteria checks 2/6
Best Lease has a total shareholder equity of TND104.2M and total debt of TND220.3M, which brings its debt-to-equity ratio to 211.4%. Its total assets and total liabilities are TND448.9M and TND344.7M respectively.
Key information
211.4%
Debt to equity ratio
د.ت220.29m
Debt
| Interest coverage ratio | n/a |
| Cash | د.ت50.10m |
| Equity | د.ت104.19m |
| Total liabilities | د.ت344.74m |
| Total assets | د.ت448.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BL's short term assets (TND385.4M) exceed its short term liabilities (TND130.2M).
Long Term Liabilities: BL's short term assets (TND385.4M) exceed its long term liabilities (TND214.5M).
Debt to Equity History and Analysis
Debt Level: BL's net debt to equity ratio (163.3%) is considered high.
Reducing Debt: BL's debt to equity ratio has increased from 154% to 211.4% over the past 5 years.
Debt Coverage: BL's debt is not well covered by operating cash flow (0.8%).
Interest Coverage: Insufficient data to determine if BL's interest payments on its debt are well covered by EBIT.