Barloworld Balance Sheet Health
Financial Health criteria checks 6/6
Barloworld has a total shareholder equity of ZAR17.2B and total debt of ZAR7.8B, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are ZAR42.1B and ZAR24.9B respectively. Barloworld's EBIT is ZAR4.2B making its interest coverage ratio 3.6. It has cash and short-term investments of ZAR4.6B.
Key information
45.2%
Debt to equity ratio
R7.77b
Debt
| Interest coverage ratio | 3.6x |
| Cash | R4.56b |
| Equity | R17.20b |
| Total liabilities | R24.94b |
| Total assets | R42.13b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAWP's short term assets (ZAR24.0B) exceed its short term liabilities (ZAR16.7B).
Long Term Liabilities: BAWP's short term assets (ZAR24.0B) exceed its long term liabilities (ZAR8.3B).
Debt to Equity History and Analysis
Debt Level: BAWP's net debt to equity ratio (18.7%) is considered satisfactory.
Reducing Debt: BAWP's debt to equity ratio has reduced from 46.5% to 45.2% over the past 5 years.
Debt Coverage: BAWP's debt is well covered by operating cash flow (71.9%).
Interest Coverage: BAWP's interest payments on its debt are well covered by EBIT (3.6x coverage).