Aspen Pharmacare Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Aspen Pharmacare Holdings has a total shareholder equity of ZAR85.6B and total debt of ZAR36.1B, which brings its debt-to-equity ratio to 42.2%. Its total assets and total liabilities are ZAR139.3B and ZAR53.7B respectively. Aspen Pharmacare Holdings's EBIT is ZAR8.5B making its interest coverage ratio 8.4. It has cash and short-term investments of ZAR11.6B.
Key information
42.2%
Debt to equity ratio
R36.12b
Debt
Interest coverage ratio | 8.4x |
Cash | R11.60b |
Equity | R85.60b |
Total liabilities | R53.69b |
Total assets | R139.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APNH.Y's short term assets (ZAR44.0B) exceed its short term liabilities (ZAR22.9B).
Long Term Liabilities: APNH.Y's short term assets (ZAR44.0B) exceed its long term liabilities (ZAR30.7B).
Debt to Equity History and Analysis
Debt Level: APNH.Y's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: APNH.Y's debt to equity ratio has reduced from 121.2% to 42.2% over the past 5 years.
Debt Coverage: APNH.Y's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: APNH.Y's interest payments on its debt are well covered by EBIT (8.4x coverage).