Société Tunisienne d'Entreprises de Télécommunications Balance Sheet Health
Financial Health criteria checks 4/6
Société Tunisienne d'Entreprises de Télécommunications has a total shareholder equity of TND32.9M and total debt of TND10.6M, which brings its debt-to-equity ratio to 32.2%. Its total assets and total liabilities are TND98.4M and TND65.5M respectively. Société Tunisienne d'Entreprises de Télécommunications's EBIT is TND6.5M making its interest coverage ratio 5.1. It has cash and short-term investments of TND10.2M.
Key information
32.2%
Debt to equity ratio
د.ت10.57m
Debt
| Interest coverage ratio | 5.1x |
| Cash | د.ت10.23m |
| Equity | د.ت32.87m |
| Total liabilities | د.ت65.49m |
| Total assets | د.ت98.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOTET's short term assets (TND89.2M) exceed its short term liabilities (TND63.9M).
Long Term Liabilities: SOTET's short term assets (TND89.2M) exceed its long term liabilities (TND1.6M).
Debt to Equity History and Analysis
Debt Level: SOTET's net debt to equity ratio (1%) is considered satisfactory.
Reducing Debt: SOTET's debt to equity ratio has increased from 27.6% to 32.2% over the past 5 years.
Debt Coverage: SOTET's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SOTET's interest payments on its debt are well covered by EBIT (5.1x coverage).