Sanlam Balance Sheet Health
Financial Health criteria checks 4/6
Sanlam has a total shareholder equity of ZAR100.9B and total debt of ZAR13.7B, which brings its debt-to-equity ratio to 13.6%. Its total assets and total liabilities are ZAR1,047.3B and ZAR946.4B respectively. Sanlam's EBIT is ZAR103.1B making its interest coverage ratio 12.3. It has cash and short-term investments of ZAR29.8B.
Key information
13.6%
Debt to equity ratio
R13.73b
Debt
Interest coverage ratio | 12.3x |
Cash | R29.82b |
Equity | R100.90b |
Total liabilities | R946.45b |
Total assets | R1.05t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SLMA.F's short term assets (ZAR228.6B) exceed its short term liabilities (ZAR142.9B).
Long Term Liabilities: SLMA.F's short term assets (ZAR228.6B) do not cover its long term liabilities (ZAR803.5B).
Debt to Equity History and Analysis
Debt Level: SLMA.F has more cash than its total debt.
Reducing Debt: SLMA.F's debt to equity ratio has increased from 9.4% to 13.6% over the past 5 years.
Debt Coverage: SLMA.F's debt is well covered by operating cash flow (81.6%).
Interest Coverage: SLMA.F's interest payments on its debt are well covered by EBIT (12.3x coverage).