Discovery Balance Sheet Health
Financial Health criteria checks 5/6
Discovery has a total shareholder equity of ZAR64.0B and total debt of ZAR16.4B, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are ZAR301.9B and ZAR238.0B respectively. Discovery's EBIT is ZAR9.8B making its interest coverage ratio 3.6. It has cash and short-term investments of ZAR175.8B.
Key information
25.6%
Debt to equity ratio
R16.37b
Debt
Interest coverage ratio | 3.6x |
Cash | R175.80b |
Equity | R63.97b |
Total liabilities | R237.95b |
Total assets | R301.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DCYH.F's short term assets (ZAR194.6B) exceed its short term liabilities (ZAR85.6B).
Long Term Liabilities: DCYH.F's short term assets (ZAR194.6B) exceed its long term liabilities (ZAR152.3B).
Debt to Equity History and Analysis
Debt Level: DCYH.F has more cash than its total debt.
Reducing Debt: DCYH.F's debt to equity ratio has reduced from 27.9% to 25.6% over the past 5 years.
Debt Coverage: DCYH.F's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: DCYH.F's interest payments on its debt are well covered by EBIT (3.6x coverage).