|
Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).
Co d'Assurances& Réassurances Tuniso-Europ-CARTE (بطاقة)
Main Activities: Insurance Carriers and Related Activities
 |
Please check the full coverage of information what EMIS can offer you. | SEE SAMPLE |
Company Information |
|
Full name Companie d'Assurances et de Réassurances Tuniso-Européenne (الشراكة التونسية الأوروبية للتأمين وإعادة التأمين - بطاقة) Headquarters 12 Avenue Habib Thameur, Tunis 1069; Tunis Capital; Tunisia |
Status: Delisted Legal Form: Other non-liability limited Operational Status: Operational Financial Auditors: KPMG (2012) Incorporation Date: March 26, 1976 Total Employees: 125 Tel: 216 71355022 |
|
Company Description |
|
The Carte Group (Compagnie d'Assurances et de Réassurance Tuniso-Européenne) was founded in 1976 with the merger of the Tunisian operations of the (Groupe des Mutuelles du Mans Assurances et de la Préservatrice) with the financial company UTP (Union Tunisienne de Participation). The Carte Group specialized in insurance business and on legally required insurance, such as vehicle and auto insurance, while at all times maintaining rigorous financial controls and balances. In 1995, the |
||
|
||
Company Analysis |
| According to the Individual - Audited financial statement for the Year of 2010, total net operating revenues increased with 13.55%, from TND 46,046.132 thousands to TND 52,283.417 thousands. The results of the period increased 3.55% reaching TND 11,096.016 thousands at the end of the period against TND 10,715.186 thousands last year. Return on equity (Net income/Total equity) went from 16.28% to 14.95%, the Return On Asset (Net income / Total Asset) went from 3.81% to 4.30% and the Net Profit Margin (Net Income/Net Sales) went from 23.27% to 21.22% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 248.02% compared to 327.33% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 2.76 to 5.35 when compared to the previous year. |
Key Executives |
|
|||||
|
|||||
|
|||||
|
|||||
Companies with Similar Main Activities |
FULL COMPANY PROFILE
|
|
2011 Y (non-cons) |
2010 Y (non-cons) |
|
 | ||
| Audited | Audited | |
| ||
| Finglobe - MENA Spread Financial Statements | Finglobe - MENA Spread Financial Statements | |
| ||
| Unit | Thousands | Thousands |
| ||
Balance Sheet
| ||
Total Assets |
81,325 |
258,331 |
| ||
Current Assets |
13,162 |
69,698 |
| ||
Total Liabilities |
61,047 |
184,102 |
| ||
Shareholders Equity |
20,277 |
74,229 |
| ||
Current Liabilities |
7,051 |
13,024 |
| ||
| * All the accounts are in TND. | ||
Income Statement
| ||
Total Operating Revenue |
25,793 |
52,283 |
| ||
Net Profit (Loss) |
1,277 |
11,096 |
| ||
| * All the accounts are in TND. | ||
Ratios
| Profitability Ratios | ||
| ||
Return on Assets (ROA) |
1.57% |
4.3% |
| ||
Annualised Return on Assets (ROA) |
1.57% |
4.3% |
| ||
Return on Equity (ROE) |
6.3% |
14.95% |
| ||
Annualised Return on Equity (ROE) |
1.72% |
16.86% |
| ||
Return on Sales (ROS) |
4.95% |
21.22% |
| ||
Gross Profit Margin |
100% |
100% |
| Efficiency Ratios | ||
| ||
Accounts Receivable Turnover |
21.31x |
3.37x |
| ||
Current asset turnover |
1.96x |
0.75x |
| ||
Fixed-asset turnover |
0.38x |
0.28x |
| ||
Asset Turnover |
0.32x |
0.20x |
| Valuation figures and ratios | ||
| ||
Bookvalue (BV) |
20,277 |
74,229 |
| ||
Net Cash |
-55,470 |
-167,542 |
| Liquidity Ratios | ||
| ||
Current Ratio |
186.66% |
535.15% |
| ||
Quick ratio |
186.66% |
535.15% |
| ||
Doom's day ratio |
79.09% |
127.14% |
| ||
Cash Flow to Debt |
0.69% |
5.66% |
| Leverage Ratios | ||
| ||
Leverage ratio |
401.06% |
348.02% |
| ||
Debt to equity |
301.06% |
248.02% |
| ||
Debt to total assets |
75.07% |
71.27% |
| ||
Long Term Debt to Capital |
72.7% |
69.74% |
| Trend Ratios | ||
| ||
Revenue Trend |
49.33% |
113.55% |
| ||
Net Income Trend |
11.51% |
103.55% |
| ||
 |