Societe Magasin General Financial Health
How is Societe Magasin General's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: MAG's short term assets (TND255.9M) do not cover its short term liabilities (TND456.2M).
Long Term Liabilities: MAG's short term assets (TND255.9M) exceed its long term liabilities (TND169.8M).
Debt to Equity History and Analysis
Debt Level: MAG's net debt to equity ratio (474.2%) is considered high.
Reducing Debt: MAG's debt to equity ratio has reduced from 5193.3% to 610.1% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MAG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MAG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 49% per year.