Carthage Cement Financial Health
How is Carthage Cement's financial position?
Financial Health Score1/6
Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: CC's short term assets (TND240.9M) do not cover its short term liabilities (TND273.8M).
Long Term Liabilities: CC's short term assets (TND240.9M) do not cover its long term liabilities (TND378.4M).
Debt to Equity History and Analysis
Debt Level: CC's net debt to equity ratio (247.2%) is considered high.
Reducing Debt: CC's debt to equity ratio has reduced from 775.9% to 251.9% over the past 5 years.
Debt Coverage: CC's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: CC's interest payments on its debt are not well covered by EBIT (2.1x coverage).