Societe Tunisienne de Verreries Balance Sheet Health
Financial Health criteria checks 3/6
Societe Tunisienne de Verreries has a total shareholder equity of TND197.5M and total debt of TND252.2M, which brings its debt-to-equity ratio to 127.7%. Its total assets and total liabilities are TND532.5M and TND334.9M respectively. Societe Tunisienne de Verreries's EBIT is TND86.2M making its interest coverage ratio 5.2. It has cash and short-term investments of TND58.9M.
Key information
127.7%
Debt to equity ratio
د.ت252.19m
Debt
| Interest coverage ratio | 5.2x |
| Cash | د.ت58.93m |
| Equity | د.ت197.54m |
| Total liabilities | د.ت334.93m |
| Total assets | د.ت532.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STV14's short term assets (TND272.2M) exceed its short term liabilities (TND192.9M).
Long Term Liabilities: STV14's short term assets (TND272.2M) exceed its long term liabilities (TND142.0M).
Debt to Equity History and Analysis
Debt Level: STV14's net debt to equity ratio (97.8%) is considered high.
Reducing Debt: STV14's debt to equity ratio has increased from 53.1% to 127.7% over the past 5 years.
Debt Coverage: STV14's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: STV14's interest payments on its debt are well covered by EBIT (5.2x coverage).