Safaricom Balance Sheet Health
Financial Health criteria checks 3/6
Safaricom has a total shareholder equity of KES345.6B and total debt of KES105.4B, which brings its debt-to-equity ratio to 30.5%. Its total assets and total liabilities are KES624.1B and KES278.6B respectively. Safaricom's EBIT is KES77.3B making its interest coverage ratio 5.7. It has cash and short-term investments of KES20.7B.
Key information
30.5%
Debt to equity ratio
KSh105.45b
Debt
Interest coverage ratio | 5.7x |
Cash | KSh20.73b |
Equity | KSh345.55b |
Total liabilities | KSh278.58b |
Total assets | KSh624.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCOM's short term assets (KES76.4B) do not cover its short term liabilities (KES147.6B).
Long Term Liabilities: SCOM's short term assets (KES76.4B) do not cover its long term liabilities (KES131.0B).
Debt to Equity History and Analysis
Debt Level: SCOM's net debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: SCOM's debt to equity ratio has increased from 3.6% to 30.5% over the past 5 years.
Debt Coverage: SCOM's debt is well covered by operating cash flow (102.1%).
Interest Coverage: SCOM's interest payments on its debt are well covered by EBIT (5.7x coverage).