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Royal Bafokeng Platinum Balance Sheet Health
Financial Health criteria checks 6/6
Royal Bafokeng Platinum has a total shareholder equity of ZAR22.8B and total debt of ZAR1.5B, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are ZAR34.3B and ZAR11.5B respectively. Royal Bafokeng Platinum's EBIT is ZAR633.8M making its interest coverage ratio -4.1. It has cash and short-term investments of ZAR4.5B.
Key information
6.5%
Debt to equity ratio
R1.47b
Debt
| Interest coverage ratio | -4.1x |
| Cash | R4.54b |
| Equity | R22.77b |
| Total liabilities | R11.54b |
| Total assets | R34.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7BF's short term assets (ZAR10.3B) exceed its short term liabilities (ZAR2.1B).
Long Term Liabilities: 7BF's short term assets (ZAR10.3B) exceed its long term liabilities (ZAR9.4B).
Debt to Equity History and Analysis
Debt Level: 7BF has more cash than its total debt.
Reducing Debt: 7BF's debt to equity ratio has reduced from 17.7% to 6.5% over the past 5 years.
Debt Coverage: 7BF's debt is well covered by operating cash flow (259.7%).
Interest Coverage: 7BF earns more interest than it pays, so coverage of interest payments is not a concern.