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Company Information |
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Full name Banque de Tunisie (البنك التونسى) Headquarters P.O. Box 289, 2 Rue de Turquie, Tunis 1001.; Tunis Capital; Tunisia |
Status: Listed Operational Status: Operational Financial Auditors: KPMG (2012) Incorporation Date: Total Employees: 839 Tel: 216 71332188 |
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Company Description |
| Banque de Tunisie (BT) was created in 1884 during the time Tunisia was still a French protectorate. Majority ownership was acquired in the bank by private investors in 1967. Banque de Tunisie was finally fully privatized and listed on the Tunisian Stock Exchange in 1997. |
Company Analysis |
| According to the Individual - Audited financial statement for the Year of 2011, total net operating revenues increased with 8.20%, from TND 218,078 thousands to TND 235,950 thousands. Operating result increased from TND 515 thousands to TND 596 thousands which means 15.73% change. The results of the period increased 3.53% reaching TND 57,666 thousands at the end of the period against TND 55,701 thousands last year. Return on equity (Net income/Total equity) went from 11.91% to 11.57%, the Return On Asset (Net income / Total Asset) went from 1.77% to 1.70% and the Net Profit Margin (Net Income/Net Sales) went from 25.54% to 24.44% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 579.76% compared to 571.82% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 1.19 to 1.21 when compared to the previous year. |
Key Executives |
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Companies with Similar Main Activities |

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2011 Y (non-cons) |
2010 Y (non-cons) |
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| Audited | Audited | |
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| Finglobe - MENA Spread Financial Statements | Finglobe - MENA Spread Financial Statements | |
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| Unit | Thousands | Thousands |
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Total Assets |
3,388,044 |
3,142,408 |
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Current Assets |
3,331,968 |
2,889,064 |
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Total Liabilities |
2,889,629 |
2,674,659 |
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Shareholders Equity |
498,415 |
467,749 |
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Current Liabilities |
2,743,839 |
2,425,432 |
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| * All the accounts are in TND. | ||
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Total Operating Revenue |
235,950 |
218,078 |
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Operational Profit (Loss) |
596 |
515 |
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Net Profit (Loss) |
57,666 |
55,701 |
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| * All the accounts are in TND. | ||
| Profitability Ratios | ||
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Return on Assets (ROA) |
1.7% |
1.77% |
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Annualised Return on Assets (ROA) |
1.7% |
1.77% |
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Return on Equity (ROE) |
11.57% |
11.91% |
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Annualised Return on Equity (ROE) |
12.33% |
11.29% |
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Return on Sales (ROS) |
24.44% |
25.54% |
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Return on Capital |
0.09% |
0.07% |
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Gross Profit Margin |
100% |
100% |
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Operating Profit Margin |
0.25% |
0.24% |
| Efficiency Ratios | ||
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Accounts Receivable Turnover |
0.04x |
0.08x |
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Current asset turnover |
0.07x |
0.08x |
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Fixed-asset turnover |
4.21x |
0.86x |
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Asset Turnover |
0.07x |
0.07x |
| Valuation figures and ratios | ||
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Earning Before Interests and Taxes (EBIT) |
596 |
515 |
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EBITDA |
13,390 |
6,507 |
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Enterprise value |
2,965,911 |
2,766,416 |
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Enterprise Value / EBITDA |
221.50 |
425.14 |
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Bookvalue (BV) |
498,415 |
467,749 |
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Net Cash |
-2,845,311 |
-2,635,691 |
| Liquidity Ratios | ||
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Current Ratio |
121.43% |
119.12% |
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Quick ratio |
121.43% |
119.12% |
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Doom's day ratio |
1.62% |
1.61% |
| Leverage Ratios | ||
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Leverage ratio |
679.76% |
671.82% |
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Debt to equity |
579.76% |
571.82% |
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Debt to total assets |
85.29% |
85.11% |
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Long Term Debt to Capital |
22.63% |
34.76% |
| Market ratios | ||
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Market Capitalization/EBITDA |
9.01 |
20.09 |
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Market Cap / Net cash |
-0.04 |
-0.05 |
| Trend Ratios | ||
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Revenue Trend |
108.2% |
105.54% |
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Net Income Trend |
103.53% |
56.21% |
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Operating Income Trend |
115.73% |
0.46% |
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