Sasol Balance Sheet Health
Financial Health criteria checks 3/6
Sasol has a total shareholder equity of ZAR147.4B and total debt of ZAR117.7B, which brings its debt-to-equity ratio to 79.8%. Its total assets and total liabilities are ZAR365.0B and ZAR217.6B respectively. Sasol's EBIT is ZAR44.7B making its interest coverage ratio 6.4. It has cash and short-term investments of ZAR47.6B.
Key information
79.8%
Debt to equity ratio
R117.72b
Debt
| Interest coverage ratio | 6.4x |
| Cash | R47.56b |
| Equity | R147.43b |
| Total liabilities | R217.55b |
| Total assets | R364.98b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAO's short term assets (ZAR126.7B) exceed its short term liabilities (ZAR54.5B).
Long Term Liabilities: SAO's short term assets (ZAR126.7B) do not cover its long term liabilities (ZAR163.1B).
Debt to Equity History and Analysis
Debt Level: SAO's net debt to equity ratio (47.6%) is considered high.
Reducing Debt: SAO's debt to equity ratio has increased from 58.5% to 79.8% over the past 5 years.
Debt Coverage: SAO's debt is well covered by operating cash flow (31.8%).
Interest Coverage: SAO's interest payments on its debt are well covered by EBIT (6.4x coverage).