Northam Platinum Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Northam Platinum Holdings has a total shareholder equity of ZAR30.5B and total debt of ZAR10.7B, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are ZAR54.0B and ZAR23.5B respectively. Northam Platinum Holdings's EBIT is ZAR4.7B making its interest coverage ratio 6.9. It has cash and short-term investments of ZAR7.5B.
Key information
34.9%
Debt to equity ratio
R10.65b
Debt
| Interest coverage ratio | 6.9x |
| Cash | R7.51b |
| Equity | R30.48b |
| Total liabilities | R23.54b |
| Total assets | R54.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7JR's short term assets (ZAR17.7B) exceed its short term liabilities (ZAR9.7B).
Long Term Liabilities: 7JR's short term assets (ZAR17.7B) exceed its long term liabilities (ZAR13.8B).
Debt to Equity History and Analysis
Debt Level: 7JR's net debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: 7JR's debt to equity ratio has reduced from 199.7% to 35% over the past 5 years.
Debt Coverage: 7JR's debt is well covered by operating cash flow (33.3%).
Interest Coverage: 7JR's interest payments on its debt are well covered by EBIT (6.9x coverage).