Shoprite Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Shoprite Holdings has a total shareholder equity of ZAR27.7B and total debt of ZAR8.9B, which brings its debt-to-equity ratio to 32.1%. Its total assets and total liabilities are ZAR112.3B and ZAR84.6B respectively. Shoprite Holdings's EBIT is ZAR11.9B making its interest coverage ratio 4. It has cash and short-term investments of ZAR13.0B.
Key information
32.1%
Debt to equity ratio
R8.89b
Debt
| Interest coverage ratio | 4x |
| Cash | R13.02b |
| Equity | R27.72b |
| Total liabilities | R84.60b |
| Total assets | R112.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SRH's short term assets (ZAR50.1B) exceed its short term liabilities (ZAR41.5B).
Long Term Liabilities: SRH's short term assets (ZAR50.1B) exceed its long term liabilities (ZAR43.1B).
Debt to Equity History and Analysis
Debt Level: SRH has more cash than its total debt.
Reducing Debt: SRH's debt to equity ratio has reduced from 71.3% to 32.1% over the past 5 years.
Debt Coverage: SRH's debt is well covered by operating cash flow (197.8%).
Interest Coverage: SRH's interest payments on its debt are well covered by EBIT (4x coverage).