Société Tunisienne Industrielle du Papier et du Carton Balance Sheet Health
Financial Health criteria checks 6/6
Société Tunisienne Industrielle du Papier et du Carton has a total shareholder equity of TND85.3M and total debt of TND28.3M, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are TND131.7M and TND46.4M respectively. Société Tunisienne Industrielle du Papier et du Carton's EBIT is TND34.0M making its interest coverage ratio 9.1. It has cash and short-term investments of TND2.0M.
Key information
33.2%
Debt to equity ratio
د.ت28.31m
Debt
Interest coverage ratio | 9.1x |
Cash | د.ت1.99m |
Equity | د.ت85.27m |
Total liabilities | د.ت46.43m |
Total assets | د.ت131.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STPAP's short term assets (TND75.4M) exceed its short term liabilities (TND33.5M).
Long Term Liabilities: STPAP's short term assets (TND75.4M) exceed its long term liabilities (TND12.9M).
Debt to Equity History and Analysis
Debt Level: STPAP's net debt to equity ratio (30.9%) is considered satisfactory.
Reducing Debt: STPAP's debt to equity ratio has reduced from 35.5% to 33.2% over the past 5 years.
Debt Coverage: STPAP's debt is well covered by operating cash flow (78.1%).
Interest Coverage: STPAP's interest payments on its debt are well covered by EBIT (9.1x coverage).