enX Group Balance Sheet Health
Financial Health criteria checks 5/6
enX Group has a total shareholder equity of ZAR2.6B and total debt of ZAR265.3M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are ZAR5.6B and ZAR3.0B respectively. enX Group's EBIT is ZAR247.7M making its interest coverage ratio 60.6. It has cash and short-term investments of ZAR304.0M.
Key information
10.3%
Debt to equity ratio
R265.28m
Debt
Interest coverage ratio | 60.6x |
Cash | R303.96m |
Equity | R2.58b |
Total liabilities | R2.99b |
Total assets | R5.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENX's short term assets (ZAR5.2B) exceed its short term liabilities (ZAR2.9B).
Long Term Liabilities: ENX's short term assets (ZAR5.2B) exceed its long term liabilities (ZAR108.5M).
Debt to Equity History and Analysis
Debt Level: ENX has more cash than its total debt.
Reducing Debt: ENX's debt to equity ratio has reduced from 171.2% to 10.3% over the past 5 years.
Debt Coverage: ENX's debt is not well covered by operating cash flow (9.3%).
Interest Coverage: ENX's interest payments on its debt are well covered by EBIT (60.6x coverage).