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 ZMW1.7B, which brings its debt-to-equity ratio to 35.5%. Its total assets and total liabilities are ZMW7.7B and ZMW3.0B respectively. Zambeef Products's EBIT is ZMW388.5M making its interest coverage ratio 2.9. It has cash and short-term investments of ZMW271.2M.
Key information
35.5%
Debt to equity ratio
K1.66b
Debt
Interest coverage ratio | 2.9x |
Cash | K271.22m |
Equity | K4.68b |
Total liabilities | K3.03b |
Total assets | K7.70b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZAM's short term assets (ZMW2.7B) exceed its short term liabilities (ZMW2.0B).
Long Term Liabilities: ZAM's short term assets (ZMW2.7B) exceed its long term liabilities (ZMW1.0B).
Debt to Equity History and Analysis
Debt Level: ZAM's net debt to equity ratio (29.7%) is considered satisfactory.
Reducing Debt: ZAM's debt to equity ratio has increased from 20.8% to 35.5% over the past 5 years.
Debt Coverage: ZAM's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: ZAM's interest payments on its debt are not well covered by EBIT (2.9x coverage).