Thungela Resources Balance Sheet Health
Financial Health criteria checks 5/6
Thungela Resources has a total shareholder equity of ZAR23.8B and total debt of ZAR71.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ZAR46.0B and ZAR22.2B respectively. Thungela Resources's EBIT is ZAR4.1B making its interest coverage ratio -14.1. It has cash and short-term investments of ZAR8.4B.
Key information
0.3%
Debt to equity ratio
R71.00m
Debt
| Interest coverage ratio | -14.1x |
| Cash | R8.41b |
| Equity | R23.78b |
| Total liabilities | R22.24b |
| Total assets | R46.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TGAL's short term assets (ZAR17.3B) exceed its short term liabilities (ZAR9.2B).
Long Term Liabilities: TGAL's short term assets (ZAR17.3B) exceed its long term liabilities (ZAR13.1B).
Debt to Equity History and Analysis
Debt Level: TGAL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if TGAL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TGAL's debt is well covered by operating cash flow (7660.6%).
Interest Coverage: TGAL earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 06:57 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Thungela Resources Limited is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ephrem Ravi | Citigroup Inc |
| Nkateko Mathonsi | Investec Bank Limited (SA) |
| Brian Morgan | Morgan Stanley |