Best Lease Balance Sheet Health
Financial Health criteria checks 2/6
Best Lease has a total shareholder equity of TND112.5M and total debt of TND225.2M, which brings its debt-to-equity ratio to 200.3%. Its total assets and total liabilities are TND456.3M and TND343.8M respectively.
Key information
200.3%
Debt to equity ratio
د.ت225.25m
Debt
Interest coverage ratio | n/a |
Cash | د.ت69.85m |
Equity | د.ت112.47m |
Total liabilities | د.ت343.78m |
Total assets | د.ت456.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BL's short term assets (TND402.3M) exceed its short term liabilities (TND140.2M).
Long Term Liabilities: BL's short term assets (TND402.3M) exceed its long term liabilities (TND203.6M).
Debt to Equity History and Analysis
Debt Level: BL's net debt to equity ratio (138.2%) is considered high.
Reducing Debt: BL's debt to equity ratio has increased from 143.1% to 200.3% over the past 5 years.
Debt Coverage: BL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if BL's interest payments on its debt are well covered by EBIT.