Ennakl Automobiles Balance Sheet Health
Financial Health criteria checks 5/6
Ennakl Automobiles has a total shareholder equity of TND252.6M and total debt of TND78.6M, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are TND510.9M and TND258.4M respectively. Ennakl Automobiles's EBIT is TND63.1M making its interest coverage ratio 32.3. It has cash and short-term investments of TND18.2M.
Key information
31.1%
Debt to equity ratio
د.ت78.61m
Debt
| Interest coverage ratio | 32.3x |
| Cash | د.ت18.15m |
| Equity | د.ت252.56m |
| Total liabilities | د.ت258.38m |
| Total assets | د.ت510.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NAKL's short term assets (TND338.2M) exceed its short term liabilities (TND245.5M).
Long Term Liabilities: NAKL's short term assets (TND338.2M) exceed its long term liabilities (TND12.9M).
Debt to Equity History and Analysis
Debt Level: NAKL's net debt to equity ratio (23.9%) is considered satisfactory.
Reducing Debt: NAKL's debt to equity ratio has increased from 18.3% to 31.1% over the past 5 years.
Debt Coverage: NAKL's debt is well covered by operating cash flow (22.5%).
Interest Coverage: NAKL's interest payments on its debt are well covered by EBIT (32.3x coverage).