Vodacom Tanzania Balance Sheet Health
Financial Health criteria checks 4/6
Vodacom Tanzania has a total shareholder equity of TZS868.7B and total debt of TZS11.9B, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are TZS2,379.2B and TZS1,510.5B respectively. Vodacom Tanzania's EBIT is TZS152.6B making its interest coverage ratio 3.6. It has cash and short-term investments of TZS161.1B.
Key information
1.4%
Debt to equity ratio
TSh11.88b
Debt
| Interest coverage ratio | 3.6x |
| Cash | TSh161.13b |
| Equity | TSh868.66b |
| Total liabilities | TSh1.51t |
| Total assets | TSh2.38t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VODA's short term assets (TZS1,127.4B) do not cover its short term liabilities (TZS1,238.7B).
Long Term Liabilities: VODA's short term assets (TZS1,127.4B) exceed its long term liabilities (TZS271.8B).
Debt to Equity History and Analysis
Debt Level: VODA has more cash than its total debt.
Reducing Debt: VODA's debt to equity ratio has increased from 0% to 1.4% over the past 5 years.
Debt Coverage: VODA's debt is well covered by operating cash flow (5064.2%).
Interest Coverage: VODA's interest payments on its debt are well covered by EBIT (3.6x coverage).