This company has been acquired
Distell Group Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Distell Group Holdings has a total shareholder equity of ZAR17.7B and total debt of ZAR3.6B, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are ZAR32.5B and ZAR14.8B respectively. Distell Group Holdings's EBIT is ZAR3.4B making its interest coverage ratio 34.9. It has cash and short-term investments of ZAR3.2B.
Key information
20.2%
Debt to equity ratio
R3.58b
Debt
| Interest coverage ratio | 34.9x |
| Cash | R3.21b |
| Equity | R17.71b |
| Total liabilities | R14.80b |
| Total assets | R32.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DSTZ.F's short term assets (ZAR19.9B) exceed its short term liabilities (ZAR11.2B).
Long Term Liabilities: DSTZ.F's short term assets (ZAR19.9B) exceed its long term liabilities (ZAR3.6B).
Debt to Equity History and Analysis
Debt Level: DSTZ.F's net debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: DSTZ.F's debt to equity ratio has reduced from 38.7% to 20.2% over the past 5 years.
Debt Coverage: DSTZ.F's debt is well covered by operating cash flow (50.4%).
Interest Coverage: DSTZ.F's interest payments on its debt are well covered by EBIT (34.9x coverage).