Woolworths Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Woolworths Holdings has a total shareholder equity of ZAR10.9B and total debt of ZAR7.8B, which brings its debt-to-equity ratio to 71.5%. Its total assets and total liabilities are ZAR38.7B and ZAR27.8B respectively. Woolworths Holdings's EBIT is ZAR5.4B making its interest coverage ratio 3.4. It has cash and short-term investments of ZAR2.3B.
Key information
71.5%
Debt to equity ratio
R7.81b
Debt
| Interest coverage ratio | 3.4x |
| Cash | R2.31b |
| Equity | R10.93b |
| Total liabilities | R27.78b |
| Total assets | R38.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WN30's short term assets (ZAR11.2B) do not cover its short term liabilities (ZAR12.2B).
Long Term Liabilities: WN30's short term assets (ZAR11.2B) do not cover its long term liabilities (ZAR15.6B).
Debt to Equity History and Analysis
Debt Level: WN30's net debt to equity ratio (50.4%) is considered high.
Reducing Debt: WN30's debt to equity ratio has reduced from 153.4% to 71.5% over the past 5 years.
Debt Coverage: WN30's debt is well covered by operating cash flow (79%).
Interest Coverage: WN30's interest payments on its debt are well covered by EBIT (3.4x coverage).