Swissport Tanzania Balance Sheet Health
Financial Health criteria checks 6/6
Swissport Tanzania has a total shareholder equity of TZS33.4B and total debt of TZS0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are TZS45.1B and TZS11.7B respectively. Swissport Tanzania's EBIT is TZS5.9B making its interest coverage ratio 14.8. It has cash and short-term investments of TZS6.4B.
Key information
0%
Debt to equity ratio
TSh0
Debt
| Interest coverage ratio | 14.8x |
| Cash | TSh6.38b |
| Equity | TSh33.38b |
| Total liabilities | TSh11.67b |
| Total assets | TSh45.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SWIS's short term assets (TZS15.6B) exceed its short term liabilities (TZS7.0B).
Long Term Liabilities: SWIS's short term assets (TZS15.6B) exceed its long term liabilities (TZS4.7B).
Debt to Equity History and Analysis
Debt Level: SWIS is debt free.
Reducing Debt: SWIS has no debt compared to 5 years ago when its debt to equity ratio was 2.9%.
Debt Coverage: SWIS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SWIS has no debt, therefore coverage of interest payments is not a concern.