City Cars Balance Sheet Health
Financial Health criteria checks 6/6
City Cars has a total shareholder equity of TND94.5M and total debt of TND11.0M, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are TND273.2M and TND178.7M respectively. City Cars's EBIT is TND45.8M making its interest coverage ratio -17.7. It has cash and short-term investments of TND73.4M.
Key information
11.7%
Debt to equity ratio
د.ت11.03m
Debt
| Interest coverage ratio | -17.7x |
| Cash | د.ت73.41m |
| Equity | د.ت94.53m |
| Total liabilities | د.ت178.71m |
| Total assets | د.ت273.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CITY's short term assets (TND218.4M) exceed its short term liabilities (TND176.3M).
Long Term Liabilities: CITY's short term assets (TND218.4M) exceed its long term liabilities (TND2.4M).
Debt to Equity History and Analysis
Debt Level: CITY has more cash than its total debt.
Reducing Debt: CITY's debt to equity ratio has reduced from 37.1% to 11.7% over the past 5 years.
Debt Coverage: CITY's debt is well covered by operating cash flow (72.6%).
Interest Coverage: CITY earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 00:02 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
City Cars S.A. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kais Kriaa | AlphaMena |