Exxaro Resources Balance Sheet Health
Financial Health criteria checks 6/6
Exxaro Resources has a total shareholder equity of ZAR66.4B and total debt of ZAR9.1B, which brings its debt-to-equity ratio to 13.6%. Its total assets and total liabilities are ZAR92.9B and ZAR26.4B respectively. Exxaro Resources's EBIT is ZAR9.8B making its interest coverage ratio -18. It has cash and short-term investments of ZAR19.9B.
Key information
13.6%
Debt to equity ratio
R9.05b
Debt
| Interest coverage ratio | -18x |
| Cash | R19.86b |
| Equity | R66.41b |
| Total liabilities | R26.45b |
| Total assets | R92.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EXXA.F's short term assets (ZAR26.7B) exceed its short term liabilities (ZAR6.2B).
Long Term Liabilities: EXXA.F's short term assets (ZAR26.7B) exceed its long term liabilities (ZAR20.2B).
Debt to Equity History and Analysis
Debt Level: EXXA.F has more cash than its total debt.
Reducing Debt: EXXA.F's debt to equity ratio has reduced from 14.4% to 13.6% over the past 5 years.
Debt Coverage: EXXA.F's debt is well covered by operating cash flow (123%).
Interest Coverage: EXXA.F earns more interest than it pays, so coverage of interest payments is not a concern.