Vukile Property Fund Balance Sheet Health
Financial Health criteria checks 1/6
Vukile Property Fund has a total shareholder equity of ZAR22.1B and total debt of ZAR17.5B, which brings its debt-to-equity ratio to 79.4%. Its total assets and total liabilities are ZAR41.3B and ZAR19.2B respectively. Vukile Property Fund's EBIT is ZAR2.1B making its interest coverage ratio 3.7. It has cash and short-term investments of ZAR993.0M.
Key information
79.4%
Debt to equity ratio
R17.53b
Debt
Interest coverage ratio | 3.7x |
Cash | R993.00m |
Equity | R22.07b |
Total liabilities | R19.21b |
Total assets | R41.28b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VKN's short term assets (ZAR1.5B) do not cover its short term liabilities (ZAR2.3B).
Long Term Liabilities: VKN's short term assets (ZAR1.5B) do not cover its long term liabilities (ZAR16.9B).
Debt to Equity History and Analysis
Debt Level: VKN's net debt to equity ratio (74.9%) is considered high.
Reducing Debt: VKN's debt to equity ratio has increased from 64.7% to 79.4% over the past 5 years.
Debt Coverage: VKN's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: VKN's interest payments on its debt are well covered by EBIT (3.7x coverage).