Societe Africaine de Plantations d'Heveas Société anonyme Balance Sheet Health
Financial Health criteria checks 5/6
Societe Africaine de Plantations d'Heveas Société anonyme has a total shareholder equity of F CFA101.5B and total debt of F CFA55.5B, which brings its debt-to-equity ratio to 54.7%. Its total assets and total liabilities are F CFA197.8B and F CFA96.2B respectively. Societe Africaine de Plantations d'Heveas Société anonyme's EBIT is F CFA9.5B making its interest coverage ratio 3.1. It has cash and short-term investments of F CFA11.0B.
Key information
54.7%
Debt to equity ratio
XOF 55.53b
Debt
| Interest coverage ratio | 3.1x |
| Cash | XOF 10.97b |
| Equity | XOF 101.51b |
| Total liabilities | XOF 96.24b |
| Total assets | XOF 197.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPHC's short term assets (F CFA84.9B) exceed its short term liabilities (F CFA70.7B).
Long Term Liabilities: SPHC's short term assets (F CFA84.9B) exceed its long term liabilities (F CFA25.5B).
Debt to Equity History and Analysis
Debt Level: SPHC's net debt to equity ratio (43.9%) is considered high.
Reducing Debt: SPHC's debt to equity ratio has reduced from 55.7% to 54.7% over the past 5 years.
Debt Coverage: SPHC's debt is well covered by operating cash flow (21.6%).
Interest Coverage: SPHC's interest payments on its debt are well covered by EBIT (3.1x coverage).