Tanzania Portland Cement Balance Sheet Health
Financial Health criteria checks 6/6
Tanzania Portland Cement has a total shareholder equity of TZS279.6B and total debt of TZS0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are TZS393.1B and TZS113.5B respectively. Tanzania Portland Cement's EBIT is TZS137.6B making its interest coverage ratio -56.6. It has cash and short-term investments of TZS72.4B.
Key information
0%
Debt to equity ratio
TSh0
Debt
| Interest coverage ratio | -56.6x |
| Cash | TSh72.38b |
| Equity | TSh279.57b |
| Total liabilities | TSh113.53b |
| Total assets | TSh393.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPCC's short term assets (TZS252.2B) exceed its short term liabilities (TZS91.5B).
Long Term Liabilities: TPCC's short term assets (TZS252.2B) exceed its long term liabilities (TZS22.0B).
Debt to Equity History and Analysis
Debt Level: TPCC is debt free.
Reducing Debt: TPCC has no debt compared to 5 years ago when its debt to equity ratio was 0%.
Debt Coverage: TPCC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TPCC has no debt, therefore coverage of interest payments is not a concern.