Attijari Leasing Balance Sheet Health
Financial Health criteria checks 3/6
Attijari Leasing has a total shareholder equity of TND71.0M and total debt of TND377.8M, which brings its debt-to-equity ratio to 532.5%. Its total assets and total liabilities are TND523.5M and TND452.5M respectively. Attijari Leasing's EBIT is TND49.1M making its interest coverage ratio 1.4. It has cash and short-term investments of TND7.1M.
Key information
532.5%
Debt to equity ratio
د.ت377.84m
Debt
| Interest coverage ratio | 1.4x |
| Cash | د.ت7.06m |
| Equity | د.ت70.96m |
| Total liabilities | د.ت452.54m |
| Total assets | د.ت523.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TJL's short term assets (TND480.7M) exceed its short term liabilities (TND58.2M).
Long Term Liabilities: TJL's short term assets (TND480.7M) exceed its long term liabilities (TND394.4M).
Debt to Equity History and Analysis
Debt Level: TJL's net debt to equity ratio (522.5%) is considered high.
Reducing Debt: TJL's debt to equity ratio has reduced from 787% to 532.5% over the past 5 years.
Debt Coverage: TJL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TJL's interest payments on its debt are not well covered by EBIT (1.4x coverage).