Choppies Enterprises Balance Sheet Health
Financial Health criteria checks 3/6
Choppies Enterprises has a total shareholder equity of BWP136.0M and total debt of BWP428.0M, which brings its debt-to-equity ratio to 314.7%. Its total assets and total liabilities are BWP2.8B and BWP2.7B respectively. Choppies Enterprises's EBIT is BWP279.0M making its interest coverage ratio 2.4. It has cash and short-term investments of BWP206.0M.
Key information
314.7%
Debt to equity ratio
P428.00m
Debt
| Interest coverage ratio | 2.4x |
| Cash | P206.00m |
| Equity | P136.00m |
| Total liabilities | P2.69b |
| Total assets | P2.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHOP-EQO's short term assets (BWP1.1B) do not cover its short term liabilities (BWP1.7B).
Long Term Liabilities: CHOP-EQO's short term assets (BWP1.1B) exceed its long term liabilities (BWP1.0B).
Debt to Equity History and Analysis
Debt Level: CHOP-EQO's net debt to equity ratio (163.2%) is considered high.
Reducing Debt: CHOP-EQO had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: CHOP-EQO's debt is well covered by operating cash flow (165.4%).
Interest Coverage: CHOP-EQO's interest payments on its debt are not well covered by EBIT (2.4x coverage).