Societe Tunisienne de Verreries Balance Sheet Health
Financial Health criteria checks 3/6
Societe Tunisienne de Verreries has a total shareholder equity of TND162.6M and total debt of TND189.9M, which brings its debt-to-equity ratio to 116.8%. Its total assets and total liabilities are TND427.2M and TND264.6M respectively. Societe Tunisienne de Verreries's EBIT is TND37.5M making its interest coverage ratio 8.5. It has cash and short-term investments of TND81.0M.
Key information
116.8%
Debt to equity ratio
د.ت189.91m
Debt
| Interest coverage ratio | 8.5x |
| Cash | د.ت80.95m |
| Equity | د.ت162.59m |
| Total liabilities | د.ت264.58m |
| Total assets | د.ت427.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOTUV's short term assets (TND178.5M) exceed its short term liabilities (TND124.2M).
Long Term Liabilities: SOTUV's short term assets (TND178.5M) exceed its long term liabilities (TND140.4M).
Debt to Equity History and Analysis
Debt Level: SOTUV's net debt to equity ratio (67%) is considered high.
Reducing Debt: SOTUV's debt to equity ratio has increased from 66.7% to 116.8% over the past 5 years.
Debt Coverage: SOTUV's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: SOTUV's interest payments on its debt are well covered by EBIT (8.5x coverage).