Invicta Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Invicta Holdings has a total shareholder equity of ZAR5.6B and total debt of ZAR1.4B, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are ZAR9.0B and ZAR3.4B respectively. Invicta Holdings's EBIT is ZAR682.3M making its interest coverage ratio 6.5. It has cash and short-term investments of ZAR746.8M.
Key information
24.7%
Debt to equity ratio
R1.38b
Debt
| Interest coverage ratio | 6.5x |
| Cash | R746.85m |
| Equity | R5.59b |
| Total liabilities | R3.37b |
| Total assets | R8.96b |
Recent financial health updates
No updates
Recent updates
Increases to CEO Compensation Might Be Put On Hold For Now at Invicta Holdings Limited (JSE:IVT)
Sep 07
Invicta Holdings (JSE:IVT) Is Increasing Its Dividend To ZAR1.00
Jul 31Invicta Holdings (JSE:IVT) Has Announced That It Will Be Increasing Its Dividend To ZAR1.00
Jun 29Invicta Holdings Limited (JSE:IVT) Might Not Be As Mispriced As It Looks
Nov 14Financial Position Analysis
Short Term Liabilities: IVT's short term assets (ZAR5.2B) exceed its short term liabilities (ZAR1.9B).
Long Term Liabilities: IVT's short term assets (ZAR5.2B) exceed its long term liabilities (ZAR1.5B).
Debt to Equity History and Analysis
Debt Level: IVT's net debt to equity ratio (11.4%) is considered satisfactory.
Reducing Debt: IVT's debt to equity ratio has reduced from 59.8% to 24.7% over the past 5 years.
Debt Coverage: IVT's debt is well covered by operating cash flow (27.7%).
Interest Coverage: IVT's interest payments on its debt are well covered by EBIT (6.5x coverage).