Impala Platinum Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Impala Platinum Holdings has a total shareholder equity of ZAR113.6B and total debt of ZAR2.6B, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are ZAR152.7B and ZAR39.1B respectively. Impala Platinum Holdings's EBIT is ZAR7.7B making its interest coverage ratio -5.9. It has cash and short-term investments of ZAR9.2B.
Key information
2.3%
Debt to equity ratio
R2.56b
Debt
Interest coverage ratio | -5.9x |
Cash | R9.23b |
Equity | R113.65b |
Total liabilities | R39.08b |
Total assets | R152.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMPU.F's short term assets (ZAR51.3B) exceed its short term liabilities (ZAR15.2B).
Long Term Liabilities: IMPU.F's short term assets (ZAR51.3B) exceed its long term liabilities (ZAR23.8B).
Debt to Equity History and Analysis
Debt Level: IMPU.F has more cash than its total debt.
Reducing Debt: IMPU.F's debt to equity ratio has reduced from 17.7% to 2.3% over the past 5 years.
Debt Coverage: IMPU.F's debt is well covered by operating cash flow (405.7%).
Interest Coverage: IMPU.F earns more interest than it pays, so coverage of interest payments is not a concern.