Samba Foods Balance Sheet Health
Financial Health criteria checks 3/6
Samba Foods has a total shareholder equity of GHS2.4M and total debt of GHS291.8K, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are GHS3.6M and GHS1.2M respectively. Samba Foods's EBIT is GHS23.1K making its interest coverage ratio 143.2. It has cash and short-term investments of GHS19.9K.
Key information
11.9%
Debt to equity ratio
GH₵291.75k
Debt
| Interest coverage ratio | 143.2x |
| Cash | GH₵19.86k |
| Equity | GH₵2.44m |
| Total liabilities | GH₵1.18m |
| Total assets | GH₵3.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAMBA's short term assets (GHS359.2K) exceed its short term liabilities (GHS219.2K).
Long Term Liabilities: SAMBA's short term assets (GHS359.2K) do not cover its long term liabilities (GHS957.0K).
Debt to Equity History and Analysis
Debt Level: SAMBA's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: SAMBA's debt to equity ratio has increased from 4.6% to 11.9% over the past 5 years.
Debt Coverage: SAMBA's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: SAMBA's interest payments on its debt are well covered by EBIT (143.2x coverage).