Sygnia Balance Sheet Health
Financial Health criteria checks 5/6
Sygnia has a total shareholder equity of ZAR791.4M and total debt of ZAR135.3M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are ZAR167.5B and ZAR166.7B respectively. Sygnia's EBIT is ZAR397.9M making its interest coverage ratio -0. It has cash and short-term investments of ZAR308.3M.
Key information
17.1%
Debt to equity ratio
R135.32m
Debt
| Interest coverage ratio | -0.02x |
| Cash | R308.34m |
| Equity | R791.40m |
| Total liabilities | R166.69b |
| Total assets | R167.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 76S's short term assets (ZAR505.1M) exceed its short term liabilities (ZAR398.5M).
Long Term Liabilities: 76S's short term assets (ZAR505.1M) do not cover its long term liabilities (ZAR166.3B).
Debt to Equity History and Analysis
Debt Level: 76S has more cash than its total debt.
Reducing Debt: 76S's debt to equity ratio has reduced from 24.5% to 17.1% over the past 5 years.
Debt Coverage: 76S's debt is well covered by operating cash flow (234.1%).
Interest Coverage: 76S earns more interest than it pays, so coverage of interest payments is not a concern.