Illovo Sugar (Malawi) Balance Sheet Health
Financial Health criteria checks 6/6
Illovo Sugar (Malawi) has a total shareholder equity of MWK139.1B and total debt of MWK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MWK297.7B and MWK158.6B respectively. Illovo Sugar (Malawi)'s EBIT is MWK81.9B making its interest coverage ratio 303.4. It has cash and short-term investments of MWK77.2B.
Key information
0%
Debt to equity ratio
MK0
Debt
| Interest coverage ratio | 303.4x |
| Cash | MK77.22b |
| Equity | MK139.09b |
| Total liabilities | MK158.57b |
| Total assets | MK297.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ILLOVO's short term assets (MWK202.1B) exceed its short term liabilities (MWK120.8B).
Long Term Liabilities: ILLOVO's short term assets (MWK202.1B) exceed its long term liabilities (MWK37.8B).
Debt to Equity History and Analysis
Debt Level: ILLOVO is debt free.
Reducing Debt: ILLOVO has no debt compared to 5 years ago when its debt to equity ratio was 36.4%.
Debt Coverage: ILLOVO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ILLOVO has no debt, therefore coverage of interest payments is not a concern.