Argent Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Argent Industrial has a total shareholder equity of ZAR2.0B and total debt of ZAR37.1M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are ZAR2.9B and ZAR899.4M respectively. Argent Industrial's EBIT is ZAR386.3M making its interest coverage ratio 214.6. It has cash and short-term investments of ZAR546.7M.
Key information
1.85%
Debt to equity ratio
R37.13m
Debt
| Interest coverage ratio | 214.6x |
| Cash | R546.73m |
| Equity | R2.00b |
| Total liabilities | R899.39m |
| Total assets | R2.90b |
Recent financial health updates
Recent updates
Increases to CEO Compensation Might Be Put On Hold For Now at Argent Industrial Limited (JSE:ART)
Aug 11
Shareholders Will Probably Hold Off On Increasing Argent Industrial Limited's (JSE:ART) CEO Compensation For The Time Being
Aug 15Argent Industrial's (JSE:ART) Dividend Will Be Increased To ZAR0.60
Jul 05Argent Industrial (JSE:ART) Is Looking To Continue Growing Its Returns On Capital
Nov 19Does Argent Industrial (JSE:ART) Have A Healthy Balance Sheet?
Aug 18Sentiment Still Eluding Argent Industrial Limited (JSE:ART)
Dec 16Argent Industrial (JSE:ART) Is Doing The Right Things To Multiply Its Share Price
Oct 26We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Argent Industrial Limited's (JSE:ART) CEO For Now
Aug 14Argent Industrial's (JSE:ART) Robust Earnings Are Supported By Other Strong Factors
Jul 06Financial Position Analysis
Short Term Liabilities: ART's short term assets (ZAR1.8B) exceed its short term liabilities (ZAR719.6M).
Long Term Liabilities: ART's short term assets (ZAR1.8B) exceed its long term liabilities (ZAR179.7M).
Debt to Equity History and Analysis
Debt Level: ART has more cash than its total debt.
Reducing Debt: ART's debt to equity ratio has reduced from 13% to 1.9% over the past 5 years.
Debt Coverage: ART's debt is well covered by operating cash flow (1058.7%).
Interest Coverage: ART's interest payments on its debt are well covered by EBIT (214.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/14 16:04 |
| End of Day Share Price | 2026/04/13 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Argent Industrial Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Merchantec (Proprietary) Limited |