Société Tunisienne d'Assurances et de Réassurances Balance Sheet Health
Financial Health criteria checks 2/6
Société Tunisienne d'Assurances et de Réassurances has a total shareholder equity of TND403.0M and total debt of TND15.0M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are TND1.5B and TND1.1B respectively.
Key information
3.7%
Debt to equity ratio
د.ت15.00m
Debt
Interest coverage ratio | n/a |
Cash | د.ت4.71m |
Equity | د.ت403.02m |
Total liabilities | د.ت1.09b |
Total assets | د.ت1.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STAR's short term assets (TND407.6M) do not cover its short term liabilities (TND888.2M).
Long Term Liabilities: STAR's short term assets (TND407.6M) exceed its long term liabilities (TND201.2M).
Debt to Equity History and Analysis
Debt Level: STAR's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: STAR's debt to equity ratio has increased from 0% to 3.7% over the past 5 years.
Debt Coverage: STAR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if STAR's interest payments on its debt are well covered by EBIT.