Sunbird Tourism Balance Sheet Health

Financial Health criteria checks 3/6

Sunbird Tourism has a total shareholder equity of MWK48.6B and total debt of MWK9.5B, which brings its debt-to-equity ratio to 19.6%. Its total assets and total liabilities are MWK83.6B and MWK35.0B respectively. Sunbird Tourism's EBIT is MWK8.7B making its interest coverage ratio 4.3. It has cash and short-term investments of MWK3.7B.

Key information

19.6%

Debt to equity ratio

MK 9.54b

Debt

Interest coverage ratio4.3x
CashMK 3.67b
EquityMK 48.57b
Total liabilitiesMK 34.98b
Total assetsMK 83.56b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: SUNBIRD's short term assets (MWK13.6B) do not cover its short term liabilities (MWK13.9B).

Long Term Liabilities: SUNBIRD's short term assets (MWK13.6B) do not cover its long term liabilities (MWK21.1B).


Debt to Equity History and Analysis

Debt Level: SUNBIRD's net debt to equity ratio (12.1%) is considered satisfactory.

Reducing Debt: SUNBIRD's debt to equity ratio has increased from 17.4% to 19.6% over the past 5 years.

Debt Coverage: SUNBIRD's debt is well covered by operating cash flow (63.5%).

Interest Coverage: SUNBIRD's interest payments on its debt are well covered by EBIT (4.3x coverage).


Balance Sheet


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