Automobile Réseau Tunisien et Services Balance Sheet Health
Financial Health criteria checks 6/6
Automobile Réseau Tunisien et Services has a total shareholder equity of TND219.0M and total debt of TND72.4K, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are TND288.4M and TND69.4M respectively. Automobile Réseau Tunisien et Services's EBIT is TND32.1M making its interest coverage ratio -2.3. It has cash and short-term investments of TND206.5M.
Key information
0.03%
Debt to equity ratio
د.ت72.38k
Debt
Interest coverage ratio | -2.3x |
Cash | د.ت206.46m |
Equity | د.ت219.04m |
Total liabilities | د.ت69.39m |
Total assets | د.ت288.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARTES's short term assets (TND256.1M) exceed its short term liabilities (TND68.8M).
Long Term Liabilities: ARTES's short term assets (TND256.1M) exceed its long term liabilities (TND640.0K).
Debt to Equity History and Analysis
Debt Level: ARTES has more cash than its total debt.
Reducing Debt: ARTES's debt to equity ratio has reduced from 0.09% to 0.03% over the past 5 years.
Debt Coverage: ARTES's debt is well covered by operating cash flow (114096.1%).
Interest Coverage: ARTES earns more interest than it pays, so coverage of interest payments is not a concern.