Sameer Africa Balance Sheet Health
Financial Health criteria checks 2/6
Sameer Africa has a total shareholder equity of KES472.6M and total debt of KES540.7M, which brings its debt-to-equity ratio to 114.4%. Its total assets and total liabilities are KES1.5B and KES1.0B respectively. Sameer Africa's EBIT is KES230.9M making its interest coverage ratio 1.6. It has cash and short-term investments of KES155.0M.
Key information
114.4%
Debt to equity ratio
KSh540.69m
Debt
Interest coverage ratio | 1.6x |
Cash | KSh154.99m |
Equity | KSh472.63m |
Total liabilities | KSh1.01b |
Total assets | KSh1.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMER's short term assets (KES466.4M) exceed its short term liabilities (KES457.7M).
Long Term Liabilities: SMER's short term assets (KES466.4M) do not cover its long term liabilities (KES552.8M).
Debt to Equity History and Analysis
Debt Level: SMER's net debt to equity ratio (81.6%) is considered high.
Reducing Debt: SMER's debt to equity ratio has increased from 86% to 114.4% over the past 5 years.
Debt Coverage: SMER's debt is well covered by operating cash flow (27.4%).
Interest Coverage: SMER's interest payments on its debt are not well covered by EBIT (1.6x coverage).