Hulamin Balance Sheet Health
Financial Health criteria checks 5/6
Hulamin has a total shareholder equity of ZAR3.5B and total debt of ZAR994.0M, which brings its debt-to-equity ratio to 28.1%. Its total assets and total liabilities are ZAR6.2B and ZAR2.7B respectively. Hulamin's EBIT is ZAR508.4M making its interest coverage ratio 3.5. It has cash and short-term investments of ZAR189.9M.
Key information
28.1%
Debt to equity ratio
R994.01m
Debt
Interest coverage ratio | 3.5x |
Cash | R189.86m |
Equity | R3.54b |
Total liabilities | R2.71b |
Total assets | R6.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4H6's short term assets (ZAR4.7B) exceed its short term liabilities (ZAR2.5B).
Long Term Liabilities: 4H6's short term assets (ZAR4.7B) exceed its long term liabilities (ZAR256.2M).
Debt to Equity History and Analysis
Debt Level: 4H6's net debt to equity ratio (22.7%) is considered satisfactory.
Reducing Debt: 4H6's debt to equity ratio has increased from 21.6% to 28.1% over the past 5 years.
Debt Coverage: 4H6's debt is well covered by operating cash flow (36.5%).
Interest Coverage: 4H6's interest payments on its debt are well covered by EBIT (3.5x coverage).