Home Afrika Balance Sheet Health
Financial Health criteria checks 1/6
Home Afrika has a total shareholder equity of KES-2.4B and total debt of KES2.0B, which brings its debt-to-equity ratio to -82.8%. Its total assets and total liabilities are KES4.3B and KES6.7B respectively. Home Afrika's EBIT is KES265.0M making its interest coverage ratio 3.9. It has cash and short-term investments of KES15.0M.
Key information
-82.8%
Debt to equity ratio
KSh2.00b
Debt
| Interest coverage ratio | 3.9x |
| Cash | KSh15.03m |
| Equity | -KSh2.42b |
| Total liabilities | KSh6.74b |
| Total assets | KSh4.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HAFR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: HAFR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: HAFR has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: HAFR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: HAFR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HAFR's interest payments on its debt are well covered by EBIT (3.9x coverage).