Safaricom Balance Sheet Health
Financial Health criteria checks 3/6
Safaricom has a total shareholder equity of KES335.7B and total debt of KES108.1B, which brings its debt-to-equity ratio to 32.2%. Its total assets and total liabilities are KES641.2B and KES305.4B respectively. Safaricom's EBIT is KES79.5B making its interest coverage ratio 4.7. It has cash and short-term investments of KES22.9B.
Key information
32.2%
Debt to equity ratio
KSh108.15b
Debt
Interest coverage ratio | 4.7x |
Cash | KSh22.87b |
Equity | KSh335.75b |
Total liabilities | KSh305.42b |
Total assets | KSh641.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCOM's short term assets (KES82.5B) do not cover its short term liabilities (KES167.8B).
Long Term Liabilities: SCOM's short term assets (KES82.5B) do not cover its long term liabilities (KES137.6B).
Debt to Equity History and Analysis
Debt Level: SCOM's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: SCOM's debt to equity ratio has increased from 3.6% to 32.2% over the past 5 years.
Debt Coverage: SCOM's debt is well covered by operating cash flow (99.8%).
Interest Coverage: SCOM's interest payments on its debt are well covered by EBIT (4.7x coverage).