Bidvest Group Balance Sheet Health
Financial Health criteria checks 4/6
Bidvest Group has a total shareholder equity of ZAR37.4B and total debt of ZAR33.0B, which brings its debt-to-equity ratio to 88.4%. Its total assets and total liabilities are ZAR111.2B and ZAR73.8B respectively. Bidvest Group's EBIT is ZAR11.3B making its interest coverage ratio 4.8. It has cash and short-term investments of ZAR7.2B.
Key information
88.4%
Debt to equity ratio
R33.03b
Debt
Interest coverage ratio | 4.8x |
Cash | R7.17b |
Equity | R37.35b |
Total liabilities | R73.80b |
Total assets | R111.16b |
Recent financial health updates
These 4 Measures Indicate That Bidvest Group (JSE:BVT) Is Using Debt Reasonably Well
Jun 10We Think Bidvest Group (JSE:BVT) Can Stay On Top Of Its Debt
Oct 31These 4 Measures Indicate That Bidvest Group (JSE:BVT) Is Using Debt Reasonably Well
Jun 27Bidvest Group (JSE:BVT) Has A Pretty Healthy Balance Sheet
Mar 25Bidvest Group (JSE:BVT) Has A Pretty Healthy Balance Sheet
Oct 27Bidvest Group (JSE:BVT) Seems To Use Debt Quite Sensibly
Dec 12Recent updates
There's Reason For Concern Over The Bidvest Group Limited's (JSE:BVT) Price
Aug 06These 4 Measures Indicate That Bidvest Group (JSE:BVT) Is Using Debt Reasonably Well
Jun 10Bidvest Group (JSE:BVT) Is Increasing Its Dividend To ZAR4.67
Mar 07Bidvest Group (JSE:BVT) Hasn't Managed To Accelerate Its Returns
Feb 26There's Reason For Concern Over The Bidvest Group Limited's (JSE:BVT) Price
Jan 20Returns On Capital At Bidvest Group (JSE:BVT) Have Stalled
Nov 15We Think Bidvest Group (JSE:BVT) Can Stay On Top Of Its Debt
Oct 31Bidvest Group (JSE:BVT) Is Paying Out A Larger Dividend Than Last Year
Sep 23Bidvest Group's (JSE:BVT) Upcoming Dividend Will Be Larger Than Last Year's
Sep 07With EPS Growth And More, Bidvest Group (JSE:BVT) Makes An Interesting Case
Aug 08Here's What To Make Of Bidvest Group's (JSE:BVT) Decelerating Rates Of Return
Jul 18These 4 Measures Indicate That Bidvest Group (JSE:BVT) Is Using Debt Reasonably Well
Jun 27Here's What To Make Of Bidvest Group's (JSE:BVT) Decelerating Rates Of Return
Apr 11Bidvest Group (JSE:BVT) Has A Pretty Healthy Balance Sheet
Mar 25Bidvest Group's (JSE:BVT) Upcoming Dividend Will Be Larger Than Last Year's
Mar 09Be Wary Of Bidvest Group (JSE:BVT) And Its Returns On Capital
Jan 10Bidvest Group (JSE:BVT) Has A Pretty Healthy Balance Sheet
Oct 27Earnings Tell The Story For The Bidvest Group Limited (JSE:BVT)
Oct 09Bidvest Group (JSE:BVT) Is Paying Out A Larger Dividend Than Last Year
Sep 09Earnings Miss: The Bidvest Group Limited Missed EPS By 8.1% And Analysts Are Revising Their Forecasts
Sep 08Investors Could Be Concerned With Bidvest Group's (JSE:BVT) Returns On Capital
Aug 16Estimating The Fair Value Of The Bidvest Group Limited (JSE:BVT)
Jun 03Here's What's Concerning About Bidvest Group's (JSE:BVT) Returns On Capital
May 16Bidvest Group (JSE:BVT) Is Increasing Its Dividend To R3.80
Mar 16Bidvest Group (JSE:BVT) Is Paying Out A Larger Dividend Than Last Year
Mar 02Returns On Capital Signal Tricky Times Ahead For Bidvest Group (JSE:BVT)
Feb 14Bidvest Group (JSE:BVT) Seems To Use Debt Quite Sensibly
Dec 12Bidvest Group (JSE:BVT) May Have Issues Allocating Its Capital
Oct 12Shareholders Can Be Confident That Bidvest Group's (JSE:BVT) Earnings Are High Quality
Sep 11Financial Position Analysis
Short Term Liabilities: BVT's short term assets (ZAR42.8B) exceed its short term liabilities (ZAR39.2B).
Long Term Liabilities: BVT's short term assets (ZAR42.8B) exceed its long term liabilities (ZAR34.6B).
Debt to Equity History and Analysis
Debt Level: BVT's net debt to equity ratio (69.2%) is considered high.
Reducing Debt: BVT's debt to equity ratio has increased from 54% to 88.4% over the past 5 years.
Debt Coverage: BVT's debt is well covered by operating cash flow (28.4%).
Interest Coverage: BVT's interest payments on its debt are well covered by EBIT (4.8x coverage).