Carthage Cement Balance Sheet Health
Financial Health criteria checks 4/6
Carthage Cement has a total shareholder equity of TND293.8M and total debt of TND401.1M, which brings its debt-to-equity ratio to 136.5%. Its total assets and total liabilities are TND880.3M and TND586.5M respectively. Carthage Cement's EBIT is TND110.8M making its interest coverage ratio 3.3. It has cash and short-term investments of TND10.0M.
Key information
136.5%
Debt to equity ratio
د.ت401.07m
Debt
| Interest coverage ratio | 3.3x |
| Cash | د.ت10.02m |
| Equity | د.ت293.82m |
| Total liabilities | د.ت586.47m |
| Total assets | د.ت880.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CC's short term assets (TND270.1M) exceed its short term liabilities (TND261.0M).
Long Term Liabilities: CC's short term assets (TND270.1M) do not cover its long term liabilities (TND325.4M).
Debt to Equity History and Analysis
Debt Level: CC's net debt to equity ratio (133.1%) is considered high.
Reducing Debt: CC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: CC's debt is well covered by operating cash flow (22.5%).
Interest Coverage: CC's interest payments on its debt are well covered by EBIT (3.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:58 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Carthage Cement SA is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kais Kriaa | AlphaMena |
| Fadwa Aouini | AlphaMena |