East African Cables Balance Sheet Health
Financial Health criteria checks 2/6
East African Cables has a total shareholder equity of KES515.0M and total debt of KES1.5B, which brings its debt-to-equity ratio to 288.9%. Its total assets and total liabilities are KES5.4B and KES4.8B respectively.
Key information
288.9%
Debt to equity ratio
KSh1.49b
Debt
Interest coverage ratio | n/a |
Cash | KSh135.26m |
Equity | KSh515.01m |
Total liabilities | KSh4.85b |
Total assets | KSh5.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CABL's short term assets (KES891.7M) do not cover its short term liabilities (KES3.4B).
Long Term Liabilities: CABL's short term assets (KES891.7M) do not cover its long term liabilities (KES1.5B).
Debt to Equity History and Analysis
Debt Level: CABL's net debt to equity ratio (262.7%) is considered high.
Reducing Debt: CABL's debt to equity ratio has increased from 233.7% to 288.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CABL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CABL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.9% per year.