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Buffalo Coal Balance Sheet Health
Financial Health criteria checks 0/6
Buffalo Coal has a total shareholder equity of ZAR-432.6M and total debt of ZAR505.0M, which brings its debt-to-equity ratio to -116.7%. Its total assets and total liabilities are ZAR377.5M and ZAR810.2M respectively. Buffalo Coal's EBIT is ZAR32.0M making its interest coverage ratio 1.1. It has cash and short-term investments of ZAR36.3M.
Key information
-116.7%
Debt to equity ratio
R505.00m
Debt
Interest coverage ratio | 1.1x |
Cash | R36.34m |
Equity | -R432.61m |
Total liabilities | R810.16m |
Total assets | R377.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FBMC.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: FBMC.F has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: FBMC.F has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: FBMC.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: FBMC.F's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: FBMC.F's interest payments on its debt are not well covered by EBIT (1.1x coverage).