Trans Switch Africa Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Trans Switch Africa Holdings has a total shareholder equity of $16.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $35.5M and $18.9M respectively. Trans Switch Africa Holdings's EBIT is $3.0M making its interest coverage ratio 18.2. It has cash and short-term investments of $2.6M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 18.2x |
| Cash | US$2.64m |
| Equity | US$16.55m |
| Total liabilities | US$18.90m |
| Total assets | US$35.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSAH.N0000's short term assets ($6.9M) exceed its short term liabilities ($3.1M).
Long Term Liabilities: TSAH.N0000's short term assets ($6.9M) do not cover its long term liabilities ($15.8M).
Debt to Equity History and Analysis
Debt Level: TSAH.N0000 is debt free.
Reducing Debt: TSAH.N0000 has not had any debt for past 5 years.
Debt Coverage: TSAH.N0000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TSAH.N0000 has no debt, therefore coverage of interest payments is not a concern.