Sasol Balance Sheet Health
Financial Health criteria checks 3/6
Sasol has a total shareholder equity of ZAR147.4B and total debt of ZAR117.7B, which brings its debt-to-equity ratio to 79.8%. Its total assets and total liabilities are ZAR365.0B and ZAR217.6B respectively. Sasol's EBIT is ZAR44.7B making its interest coverage ratio 6.4. It has cash and short-term investments of ZAR47.6B.
Key information
79.8%
Debt to equity ratio
R117.72b
Debt
| Interest coverage ratio | 6.4x |
| Cash | R47.56b |
| Equity | R147.43b |
| Total liabilities | R217.55b |
| Total assets | R364.98b |
Recent financial health updates
Recent updates
Sasol Limited: Still A Hold In Line With Cost Management Transition Plan
Nov 18Sasol Limited: A Potential Inflection Story
Jun 24Sasol Limited: Energy Transition Key To Future Growth Prospects
Feb 03Sasol Limited: Undervaluation Presents Excellent Opportunity
Nov 14Sasol Limited: Share Price Decline Is Warranted As Guidance Disappoints
Aug 25Sasol Limited: Global Expansion Stabilizing Business Performance
May 31Sasol GAAP EPS of R24.55, revenue of R151.75B
Feb 21Sasol stock jumps 5% after posting H1 results
Jan 24Sasol stock dips on $750M convertible bonds offering
Nov 01Sasol goes ex-dividend today
Sep 08Sasol FY 2022 Earnings Preview
Aug 22Sasol Limited: Time For A Pause
Jun 01Sasol: Positioned For The Energy Transition With An Attractive Valuation
Mar 14Sasol anticipates 1H21 EPS to grow by more than 100% Y/Y
Jan 29Sasol to sell Mozambique gas plant stake in $145M deal
Dec 21Sasol Chemicals North America divest 50% equity interest in Gemini HDPE LLC
Nov 24Sasol takes final unit at $12.8B Lake Charles project into operation
Nov 16Sasol: Energy & Chemical Firm Has Run Aground
Nov 05Financial Position Analysis
Short Term Liabilities: SSL's short term assets (ZAR126.7B) exceed its short term liabilities (ZAR54.5B).
Long Term Liabilities: SSL's short term assets (ZAR126.7B) do not cover its long term liabilities (ZAR163.1B).
Debt to Equity History and Analysis
Debt Level: SSL's net debt to equity ratio (47.6%) is considered high.
Reducing Debt: SSL's debt to equity ratio has increased from 58.5% to 79.8% over the past 5 years.
Debt Coverage: SSL's debt is well covered by operating cash flow (31.8%).
Interest Coverage: SSL's interest payments on its debt are well covered by EBIT (6.4x coverage).