Societe Magasin General Balance Sheet Health
Financial Health criteria checks 4/6
Societe Magasin General has a total shareholder equity of TND63.1M and total debt of TND296.5M, which brings its debt-to-equity ratio to 470.1%. Its total assets and total liabilities are TND711.8M and TND648.7M respectively. Societe Magasin General's EBIT is TND2.9M making its interest coverage ratio 0.1. It has cash and short-term investments of TND84.1M.
Key information
470.1%
Debt to equity ratio
د.ت296.50m
Debt
Interest coverage ratio | 0.07x |
Cash | د.ت84.13m |
Equity | د.ت63.07m |
Total liabilities | د.ت648.71m |
Total assets | د.ت711.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAG's short term assets (TND277.9M) do not cover its short term liabilities (TND526.1M).
Long Term Liabilities: MAG's short term assets (TND277.9M) exceed its long term liabilities (TND122.6M).
Debt to Equity History and Analysis
Debt Level: MAG's net debt to equity ratio (336.7%) is considered high.
Reducing Debt: MAG's debt to equity ratio has reduced from 9013.9% to 470.1% over the past 5 years.
Balance Sheet
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 39.8% per year.