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.