Safaricom Balance Sheet Health
Financial Health criteria checks 3/6
Safaricom has a total shareholder equity of KES189.7B and total debt of KES38.8B, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are KES483.1B and KES293.5B respectively. Safaricom's EBIT is KES80.3B making its interest coverage ratio 3.9. It has cash and short-term investments of KES29.1B.
Key information
20.4%
Debt to equity ratio
KSh38.77b
Debt
| Interest coverage ratio | 3.9x |
| Cash | KSh29.10b |
| Equity | KSh189.67b |
| Total liabilities | KSh293.45b |
| Total assets | KSh483.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCOM's short term assets (KES74.3B) do not cover its short term liabilities (KES158.4B).
Long Term Liabilities: SCOM's short term assets (KES74.3B) do not cover its long term liabilities (KES135.1B).
Debt to Equity History and Analysis
Debt Level: SCOM's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: SCOM's debt to equity ratio has increased from 0% to 20.4% over the past 5 years.
Debt Coverage: SCOM's debt is well covered by operating cash flow (396%).
Interest Coverage: SCOM's interest payments on its debt are well covered by EBIT (3.9x coverage).