Letshego Africa Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Letshego Africa Holdings has a total shareholder equity of BWP4.9B and total debt of BWP10.8B, which brings its debt-to-equity ratio to 220.7%. Its total assets and total liabilities are BWP18.2B and BWP13.3B respectively.
Key information
220.7%
Debt to equity ratio
P10.85b
Debt
Interest coverage ratio | n/a |
Cash | P2.53b |
Equity | P4.91b |
Total liabilities | P13.32b |
Total assets | P18.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LETS-EQO's short term assets (BWP16.5B) exceed its short term liabilities (BWP3.1B).
Long Term Liabilities: LETS-EQO's short term assets (BWP16.5B) exceed its long term liabilities (BWP10.2B).
Debt to Equity History and Analysis
Debt Level: LETS-EQO's net debt to equity ratio (169.2%) is considered high.
Reducing Debt: LETS-EQO's debt to equity ratio has increased from 110.4% to 220.7% over the past 5 years.
Debt Coverage: LETS-EQO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LETS-EQO's interest payments on its debt are well covered by EBIT.