Libstar Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Libstar Holdings has a total shareholder equity of ZAR5.3B and total debt of ZAR1.7B, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are ZAR9.8B and ZAR4.5B respectively. Libstar Holdings's EBIT is ZAR585.9M making its interest coverage ratio 2.8. It has cash and short-term investments of ZAR295.6M.
Key information
32.9%
Debt to equity ratio
R1.74b
Debt
| Interest coverage ratio | 2.8x |
| Cash | R295.63m |
| Equity | R5.29b |
| Total liabilities | R4.47b |
| Total assets | R9.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FT0's short term assets (ZAR4.3B) exceed its short term liabilities (ZAR2.2B).
Long Term Liabilities: FT0's short term assets (ZAR4.3B) exceed its long term liabilities (ZAR2.3B).
Debt to Equity History and Analysis
Debt Level: FT0's net debt to equity ratio (27.3%) is considered satisfactory.
Reducing Debt: FT0's debt to equity ratio has reduced from 45.3% to 32.9% over the past 5 years.
Debt Coverage: FT0's debt is well covered by operating cash flow (25.3%).
Interest Coverage: FT0's interest payments on its debt are not well covered by EBIT (2.8x coverage).