Impala Platinum Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Impala Platinum Holdings has a total shareholder equity of ZAR96.6B and total debt of ZAR2.5B, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are ZAR133.0B and ZAR36.3B respectively. Impala Platinum Holdings's EBIT is ZAR1.6B making its interest coverage ratio -2.1. It has cash and short-term investments of ZAR9.7B.
Key information
2.6%
Debt to equity ratio
R2.49b
Debt
| Interest coverage ratio | -2.1x |
| Cash | R9.66b |
| Equity | R96.63b |
| Total liabilities | R36.33b |
| Total assets | R132.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IPH1's short term assets (ZAR50.6B) exceed its short term liabilities (ZAR16.8B).
Long Term Liabilities: IPH1's short term assets (ZAR50.6B) exceed its long term liabilities (ZAR19.5B).
Debt to Equity History and Analysis
Debt Level: IPH1 has more cash than its total debt.
Reducing Debt: IPH1's debt to equity ratio has reduced from 17.8% to 2.6% over the past 5 years.
Debt Coverage: IPH1's debt is well covered by operating cash flow (279%).
Interest Coverage: IPH1 earns more interest than it pays, so coverage of interest payments is not a concern.