Société Immobilière Tunisio Saoudienne Balance Sheet Health
Financial Health criteria checks 6/6
Société Immobilière Tunisio Saoudienne has a total shareholder equity of TND42.5M and total debt of TND5.2M, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are TND59.4M and TND16.9M respectively. Société Immobilière Tunisio Saoudienne's EBIT is TND1.5M making its interest coverage ratio 23.4. It has cash and short-term investments of TND1.3M.
Key information
12.2%
Debt to equity ratio
د.ت5.19m
Debt
Interest coverage ratio | 23.4x |
Cash | د.ت1.31m |
Equity | د.ت42.55m |
Total liabilities | د.ت16.88m |
Total assets | د.ت59.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SITS's short term assets (TND57.9M) exceed its short term liabilities (TND11.3M).
Long Term Liabilities: SITS's short term assets (TND57.9M) exceed its long term liabilities (TND5.6M).
Debt to Equity History and Analysis
Debt Level: SITS's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: SITS's debt to equity ratio has reduced from 118.3% to 12.2% over the past 5 years.
Debt Coverage: SITS's debt is well covered by operating cash flow (55.5%).
Interest Coverage: SITS's interest payments on its debt are well covered by EBIT (23.4x coverage).