Letshego Africa Holdings Limited

BSM:LETS-EQO Stock Report

Market Cap: P2.5b

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 ration/a
CashP2.53b
EquityP4.91b
Total liabilitiesP13.32b
Total assetsP18.24b

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.


Balance Sheet


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