CAFCA Balance Sheet Health
Financial Health criteria checks 5/6
CAFCA has a total shareholder equity of ZWL65.6B and total debt of ZWL3.9B, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are ZWL99.6B and ZWL34.0B respectively. CAFCA's EBIT is ZWL49.7B making its interest coverage ratio 16.9. It has cash and short-term investments of ZWL2.7B.
Key information
6.0%
Debt to equity ratio
Z$3.93b
Debt
Interest coverage ratio | 16.9x |
Cash | Z$2.69b |
Equity | Z$65.59b |
Total liabilities | Z$33.98b |
Total assets | Z$99.57b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CAC's short term assets (ZWL96.5B) exceed its short term liabilities (ZWL27.0B).
Long Term Liabilities: CAC's short term assets (ZWL96.5B) exceed its long term liabilities (ZWL6.9B).
Debt to Equity History and Analysis
Debt Level: CAC's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: CAC's debt to equity ratio has increased from 0% to 6% over the past 5 years.
Debt Coverage: CAC's debt is well covered by operating cash flow (30.9%).
Interest Coverage: CAC's interest payments on its debt are well covered by EBIT (16.9x coverage).