Metair Investments Balance Sheet Health
Financial Health criteria checks 2/6
Metair Investments has a total shareholder equity of ZAR5.5B and total debt of ZAR3.6B, which brings its debt-to-equity ratio to 64.7%. Its total assets and total liabilities are ZAR13.1B and ZAR7.6B respectively. Metair Investments's EBIT is ZAR626.7M making its interest coverage ratio 0.9. It has cash and short-term investments of ZAR968.9M.
Key information
64.7%
Debt to equity ratio
R3.58b
Debt
Interest coverage ratio | 0.9x |
Cash | R968.92m |
Equity | R5.53b |
Total liabilities | R7.58b |
Total assets | R13.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MTA's short term assets (ZAR7.2B) exceed its short term liabilities (ZAR5.9B).
Long Term Liabilities: MTA's short term assets (ZAR7.2B) exceed its long term liabilities (ZAR1.7B).
Debt to Equity History and Analysis
Debt Level: MTA's net debt to equity ratio (47.2%) is considered high.
Reducing Debt: MTA's debt to equity ratio has increased from 44.2% to 64.7% over the past 5 years.
Debt Coverage: MTA's debt is not well covered by operating cash flow (4.1%).
Interest Coverage: MTA's interest payments on its debt are not well covered by EBIT (0.9x coverage).