CAFCA Balance Sheet Health
Financial Health criteria checks 5/6
CAFCA has a total shareholder equity of ZWL774.9B and total debt of ZWL15.1B, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are ZWL911.5B and ZWL136.6B respectively. CAFCA's EBIT is ZWL80.5B making its interest coverage ratio 59.4. It has cash and short-term investments of ZWL9.8B.
Key information
1.9%
Debt to equity ratio
Z$15.11b
Debt
| Interest coverage ratio | 59.4x |
| Cash | Z$9.76b |
| Equity | Z$774.88b |
| Total liabilities | Z$136.63b |
| Total assets | Z$911.51b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: CAC's short term assets (ZWL885.7B) exceed its short term liabilities (ZWL72.4B).
Long Term Liabilities: CAC's short term assets (ZWL885.7B) exceed its long term liabilities (ZWL64.2B).
Debt to Equity History and Analysis
Debt Level: CAC's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: CAC's debt to equity ratio has increased from 0% to 1.9% over the past 5 years.
Debt Coverage: CAC's debt is well covered by operating cash flow (339.1%).
Interest Coverage: CAC's interest payments on its debt are well covered by EBIT (59.4x coverage).