OUTsurance Group Balance Sheet Health
Financial Health criteria checks 5/6
OUTsurance Group has a total shareholder equity of ZAR13.8B and total debt of ZAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ZAR32.1B and ZAR18.3B respectively. OUTsurance Group's EBIT is ZAR4.2B making its interest coverage ratio 262.8. It has cash and short-term investments of ZAR5.4B.
Key information
0%
Debt to equity ratio
R0
Debt
| Interest coverage ratio | 262.8x |
| Cash | R5.36b |
| Equity | R13.78b |
| Total liabilities | R18.29b |
| Total assets | R32.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RMRH.F's short term assets (ZAR14.1B) exceed its short term liabilities (ZAR651.0M).
Long Term Liabilities: RMRH.F's short term assets (ZAR14.1B) do not cover its long term liabilities (ZAR17.6B).
Debt to Equity History and Analysis
Debt Level: RMRH.F is debt free.
Reducing Debt: RMRH.F has no debt compared to 5 years ago when its debt to equity ratio was 56.2%.
Debt Coverage: RMRH.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RMRH.F has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/04/02 14:56 |
| End of Day Share Price | 2023/01/03 00:00 |
| Earnings | 2022/12/31 |
| Annual Earnings | 2022/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
OUTsurance Group Limited is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Adrienne Damant | Avior Capital Markets |
| Marius Strydom | BofA Global Research |
| Larissa van Deventer | Deutsche Bank |