Sanlam Balance Sheet Health
Financial Health criteria checks 3/6
Sanlam has a total shareholder equity of ZAR96.9B and total debt of ZAR15.1B, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are ZAR990.5B and ZAR893.5B respectively. Sanlam's EBIT is ZAR94.2B making its interest coverage ratio 62.1. It has cash and short-term investments of ZAR214.4B.
Key information
15.6%
Debt to equity ratio
R15.07b
Debt
Interest coverage ratio | 62.1x |
Cash | R214.39b |
Equity | R96.91b |
Total liabilities | R893.55b |
Total assets | R990.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SLLD.Y's short term assets (ZAR312.2B) exceed its short term liabilities (ZAR126.0B).
Long Term Liabilities: SLLD.Y's short term assets (ZAR312.2B) do not cover its long term liabilities (ZAR767.5B).
Debt to Equity History and Analysis
Debt Level: SLLD.Y has more cash than its total debt.
Reducing Debt: SLLD.Y's debt to equity ratio has increased from 9.1% to 15.6% over the past 5 years.
Debt Coverage: SLLD.Y's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SLLD.Y's interest payments on its debt are well covered by EBIT (62.1x coverage).