OUTsurance Group Balance Sheet Health
Financial Health criteria checks 5/6
OUTsurance Group has a total shareholder equity of ZAR14.6B and total debt of ZAR143.0M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ZAR32.4B and ZAR17.9B respectively. OUTsurance Group's EBIT is ZAR5.4B making its interest coverage ratio 109.6. It has cash and short-term investments of ZAR7.2B.
Key information
1.0%
Debt to equity ratio
R143.00m
Debt
| Interest coverage ratio | 109.6x |
| Cash | R7.23b |
| Equity | R14.55b |
| Total liabilities | R17.86b |
| Total assets | R32.41b |
Recent financial health updates
No updates
Recent updates
Is Now The Time To Put OUTsurance Group (JSE:OUT) On Your Watchlist?
May 21
Subdued Growth No Barrier To OUTsurance Group Limited's (JSE:OUT) Price
Apr 29OUTsurance Group's (JSE:OUT) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 21Investors Appear Satisfied With OUTsurance Group Limited's (JSE:OUT) Prospects
Jan 20Here's Why We Think OUTsurance Group (JSE:OUT) Might Deserve Your Attention Today
Nov 12This Is Why We Think Rand Merchant Investment Holdings Limited's (JSE:RMI) CEO Might Get A Pay Rise Approved By Shareholders
Nov 16Has Rand Merchant Investment Holdings Limited (JSE:RMI) Stock's Recent Performance Got Anything to Do With Its Financial Health?
Mar 11What Type Of Shareholders Make Up Rand Merchant Investment Holdings Limited's (JSE:RMI) Share Registry?
Feb 12How Should Investors Feel About Rand Merchant Investment Holdings' (JSE:RMI) CEO Remuneration?
Jan 20Rand Merchant Investment Holdings'(JSE:RMI) Share Price Is Down 29% Over The Past Three Years.
Dec 30
Rand Merchant Investment Holdings Limited's (JSE:RMI) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Dec 04Financial Position Analysis
Short Term Liabilities: OUT's short term assets (ZAR10.9B) exceed its short term liabilities (ZAR1.4B).
Long Term Liabilities: OUT's short term assets (ZAR10.9B) do not cover its long term liabilities (ZAR16.5B).
Debt to Equity History and Analysis
Debt Level: OUT has more cash than its total debt.
Reducing Debt: OUT's debt to equity ratio has reduced from 51% to 1% over the past 5 years.
Debt Coverage: OUT's debt is well covered by operating cash flow (2630.8%).
Interest Coverage: OUT's interest payments on its debt are well covered by EBIT (109.6x coverage).