OUTsurance Group Balance Sheet Health
Financial Health criteria checks 5/6
OUTsurance Group has a total shareholder equity of ZAR15.4B and total debt of ZAR859.0M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are ZAR34.3B and ZAR18.9B respectively. OUTsurance Group's EBIT is ZAR6.7B making its interest coverage ratio 92.4. It has cash and short-term investments of ZAR7.3B.
Key information
5.6%
Debt to equity ratio
R859.00m
Debt
| Interest coverage ratio | 92.4x |
| Cash | R7.32b |
| Equity | R15.39b |
| Total liabilities | R18.87b |
| Total assets | R34.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RMQ0's short term assets (ZAR10.6B) do not cover its short term liabilities (ZAR12.8B).
Long Term Liabilities: RMQ0's short term assets (ZAR10.6B) exceed its long term liabilities (ZAR6.1B).
Debt to Equity History and Analysis
Debt Level: RMQ0 has more cash than its total debt.
Reducing Debt: RMQ0's debt to equity ratio has reduced from 43.1% to 5.6% over the past 5 years.
Debt Coverage: RMQ0's debt is well covered by operating cash flow (378.2%).
Interest Coverage: RMQ0's interest payments on its debt are well covered by EBIT (92.4x coverage).