Filatures, Tissages, Sacs, Cote d' Ivoire SA
FTSC.CI maintains a strong liquidity position with a current ratio of 3.01 and a significant cash and equivalents balance of 21,384,793,000 XOF, indicating robust short-term financial health [doc:HA-latest]. The company's debt-to-equity ratio is 0.08, suggesting a conservative capital structure with minimal leverage [doc:HA-latest]. Return on equity (ROE) of 42.79% and return on assets (ROA) of 30.45% highlight strong profitability and efficient use of capital [doc:HA-latest]. The company's operating income of 17,980,506,000 XOF and net income of 18,595,275,000 XOF reflect a healthy margin profile, with gross profit of 10,634,680,000 XOF supporting its profitability [doc:HA-latest]. These metrics are well above the typical performance for the Textiles & Leather Goods industry, indicating a competitive advantage in cost management and pricing power [doc:verified market data]. FTSC.CI's revenue is concentrated in its core markets of Ivory Coast, Senegal, Burkina-Faso, Mali, and France, with no disclosed segment or geographic breakdown in the financial data. This suggests a potential concentration risk, as the company's performance is closely tied to these regions [doc:HA-latest]. The company's revenue growth trajectory is not explicitly provided, but its strong operating and net income figures suggest a stable and potentially growing business. The absence of dilution or liquidity flags in the risk assessment indicates a low probability of near-term financial stress [doc:HA-latest]. The risk assessment for FTSC.CI indicates low liquidity and dilution risks, with no immediate filing-based flags detected. The company's conservative debt levels and strong cash position reduce the likelihood of financial distress [doc:HA-latest]. No dilution potential is identified in the basic shares outstanding, as both basic and diluted shares are equal at 14,103,740 [doc:HA-latest]. Recent events and filings for FTSC.CI do not show any material changes or disclosures that would significantly impact its financial position or operations. The company appears to be operating in a stable environment with no immediate regulatory or geopolitical pressures [doc:HA-latest].
Business. Filatures Tissages Sacs Cote d'Ivoire SA (FTSC.CI) is an Ivory Coast-based company that specializes in the manufacture of jute and polypropylene packaging for alimentary and chemical products, operating in multiple African countries and France [doc:HA-latest].
Classification. FTSC.CI is classified under the Consumer Cyclicals economic sector, Cyclical Consumer Products business sector, and Textiles & Leather Goods industry, with a classification confidence of 0.92 [doc:verified market data].
- FTSC.CI has a strong liquidity position with a current ratio of 3.01 and significant cash reserves.
- The company's ROE of 42.79% and ROA of 30.45% indicate high profitability and efficient capital use.
- FTSC.CI maintains a conservative capital structure with a low debt-to-equity ratio of 0.08.
- The company's operations are concentrated in a few key markets, which may pose a concentration risk.
- No immediate liquidity or dilution risks are identified, suggesting a stable financial outlook.
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- No immediate filing-based liquidity or dilution flags were detected.