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
Financial Position Analysis
Short Term Liabilities: SASO.F's short term assets (ZAR126.9B) exceed its short term liabilities (ZAR82.5B).
Long Term Liabilities: SASO.F's short term assets (ZAR126.9B) do not cover its long term liabilities (ZAR142.6B).
Debt to Equity History and Analysis
Debt Level: SASO.F's net debt to equity ratio (43%) is considered high.
Reducing Debt: SASO.F's debt to equity ratio has increased from 51.3% to 62.4% over the past 5 years.
Debt Coverage: SASO.F's debt is well covered by operating cash flow (35.4%).
Interest Coverage: SASO.F's interest payments on its debt are well covered by EBIT (6.5x coverage).