Zambeef Products Balance Sheet Health
Financial Health criteria checks 3/6
Zambeef Products has a total shareholder equity of ZMW4.7B and total debt of ZMW2.1B, which brings its debt-to-equity ratio to 43.9%. Its total assets and total liabilities are ZMW8.0B and ZMW3.3B respectively. Zambeef Products's EBIT is ZMW198.1M making its interest coverage ratio 1.1. It has cash and short-term investments of ZMW228.0M.
Key information
43.9%
Debt to equity ratio
K2.08b
Debt
| Interest coverage ratio | 1.1x |
| Cash | K227.95m |
| Equity | K4.74b |
| Total liabilities | K3.30b |
| Total assets | K8.03b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZAM's short term assets (ZMW2.0B) exceed its short term liabilities (ZMW1.9B).
Long Term Liabilities: ZAM's short term assets (ZMW2.0B) exceed its long term liabilities (ZMW1.4B).
Debt to Equity History and Analysis
Debt Level: ZAM's net debt to equity ratio (39.1%) is considered satisfactory.
Reducing Debt: ZAM's debt to equity ratio has increased from 27.1% to 43.9% over the past 5 years.
Debt Coverage: ZAM's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: ZAM's interest payments on its debt are not well covered by EBIT (1.1x coverage).