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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 05:45 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shoprite Holdings Ltd is covered by 21 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Darren Cohn | Absa Bank Limited |
| Daniel Dias | Arqaam Capital Research Offshore S.A.L. |
| Michael de Nobrega | Avior Capital Markets |