Foschini Group Balance Sheet Health
Financial Health criteria checks 6/6
Foschini Group has a total shareholder equity of ZAR20.2B and total debt of ZAR12.2B, which brings its debt-to-equity ratio to 60.1%. Its total assets and total liabilities are ZAR50.5B and ZAR30.2B respectively. Foschini Group's EBIT is ZAR6.0B making its interest coverage ratio 6.4. It has cash and short-term investments of ZAR5.3B.
Key information
60.1%
Debt to equity ratio
R12.17b
Debt
| Interest coverage ratio | 6.4x |
| Cash | R5.31b |
| Equity | R20.23b |
| Total liabilities | R30.23b |
| Total assets | R50.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FHHG.F's short term assets (ZAR27.1B) exceed its short term liabilities (ZAR17.1B).
Long Term Liabilities: FHHG.F's short term assets (ZAR27.1B) exceed its long term liabilities (ZAR13.1B).
Debt to Equity History and Analysis
Debt Level: FHHG.F's net debt to equity ratio (33.9%) is considered satisfactory.
Reducing Debt: FHHG.F's debt to equity ratio has reduced from 64% to 60.1% over the past 5 years.
Debt Coverage: FHHG.F's debt is well covered by operating cash flow (28.9%).
Interest Coverage: FHHG.F's interest payments on its debt are well covered by EBIT (6.4x coverage).