Sasol Balance Sheet Health
Financial Health criteria checks 3/6
Sasol has a total shareholder equity of ZAR202.0B and total debt of ZAR126.1B, which brings its debt-to-equity ratio to 62.4%. Its total assets and total liabilities are ZAR427.1B and ZAR225.1B respectively. Sasol's EBIT is ZAR44.5B making its interest coverage ratio 6.5. It has cash and short-term investments of ZAR39.3B.
Key information
62.4%
Debt to equity ratio
R126.12b
Debt
| Interest coverage ratio | 6.5x |
| Cash | R39.27b |
| Equity | R202.03b |
| Total liabilities | R225.11b |
| Total assets | R427.14b |
Recent financial health updates
Recent updates
Sasol 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 (ZAR126.9B) exceed its short term liabilities (ZAR82.5B).
Long Term Liabilities: SSL's short term assets (ZAR126.9B) do not cover its long term liabilities (ZAR142.6B).
Debt to Equity History and Analysis
Debt Level: SSL's net debt to equity ratio (43%) is considered high.
Reducing Debt: SSL's debt to equity ratio has increased from 51.3% to 62.4% over the past 5 years.
Debt Coverage: SSL's debt is well covered by operating cash flow (35.4%).
Interest Coverage: SSL's interest payments on its debt are well covered by EBIT (6.5x coverage).