TPS Eastern Africa Balance Sheet Health
Financial Health criteria checks 4/6
TPS Eastern Africa has a total shareholder equity of KES9.6B and total debt of KES4.3B, which brings its debt-to-equity ratio to 44.9%. Its total assets and total liabilities are KES17.7B and KES8.1B respectively. TPS Eastern Africa's EBIT is KES1.3B making its interest coverage ratio 4.8. It has cash and short-term investments of KES660.8M.
Key information
44.9%
Debt to equity ratio
KSh4.33b
Debt
Interest coverage ratio | 4.8x |
Cash | KSh660.85m |
Equity | KSh9.64b |
Total liabilities | KSh8.07b |
Total assets | KSh17.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPSE's short term assets (KES2.5B) do not cover its short term liabilities (KES2.5B).
Long Term Liabilities: TPSE's short term assets (KES2.5B) do not cover its long term liabilities (KES5.5B).
Debt to Equity History and Analysis
Debt Level: TPSE's net debt to equity ratio (38.1%) is considered satisfactory.
Reducing Debt: TPSE's debt to equity ratio has reduced from 48.8% to 44.9% over the past 5 years.
Debt Coverage: TPSE's debt is well covered by operating cash flow (31%).
Interest Coverage: TPSE's interest payments on its debt are well covered by EBIT (4.8x coverage).