Vodacom Group Balance Sheet Health
Financial Health criteria checks 4/6
Vodacom Group has a total shareholder equity of ZAR103.8B and total debt of ZAR73.5B, which brings its debt-to-equity ratio to 70.8%. Its total assets and total liabilities are ZAR240.6B and ZAR136.8B respectively. Vodacom Group's EBIT is ZAR33.1B making its interest coverage ratio 4.9. It has cash and short-term investments of ZAR34.8B.
Key information
70.8%
Debt to equity ratio
R73.48b
Debt
| Interest coverage ratio | 4.9x |
| Cash | R34.84b |
| Equity | R103.83b |
| Total liabilities | R136.79b |
| Total assets | R240.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VODA.F's short term assets (ZAR70.7B) do not cover its short term liabilities (ZAR71.3B).
Long Term Liabilities: VODA.F's short term assets (ZAR70.7B) exceed its long term liabilities (ZAR65.5B).
Debt to Equity History and Analysis
Debt Level: VODA.F's net debt to equity ratio (37.2%) is considered satisfactory.
Reducing Debt: VODA.F's debt to equity ratio has increased from 37.7% to 70.8% over the past 5 years.
Debt Coverage: VODA.F's debt is well covered by operating cash flow (66.7%).
Interest Coverage: VODA.F's interest payments on its debt are well covered by EBIT (4.9x coverage).