Sanlam Kenya Balance Sheet Health
Financial Health criteria checks 3/6
Sanlam Kenya has a total shareholder equity of KES541.7M and total debt of KES4.1B, which brings its debt-to-equity ratio to 754.7%. Its total assets and total liabilities are KES37.1B and KES36.6B respectively. Sanlam Kenya's EBIT is KES787.3M making its interest coverage ratio 1.7. It has cash and short-term investments of KES28.8B.
Key information
754.7%
Debt to equity ratio
KSh4.09b
Debt
Interest coverage ratio | 1.7x |
Cash | KSh28.81b |
Equity | KSh541.69m |
Total liabilities | KSh36.60b |
Total assets | KSh37.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SLAM's short term assets (KES31.6B) exceed its short term liabilities (KES8.9B).
Long Term Liabilities: SLAM's short term assets (KES31.6B) exceed its long term liabilities (KES27.7B).
Debt to Equity History and Analysis
Debt Level: SLAM has more cash than its total debt.
Reducing Debt: SLAM's debt to equity ratio has increased from 25.4% to 754.7% over the past 5 years.
Debt Coverage: SLAM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SLAM's interest payments on its debt are not well covered by EBIT (1.7x coverage).