Raubex Group Balance Sheet Health
Financial Health criteria checks 5/6
Raubex Group has a total shareholder equity of ZAR6.0B and total debt of ZAR1.6B, which brings its debt-to-equity ratio to 26.3%. Its total assets and total liabilities are ZAR12.2B and ZAR6.1B respectively. Raubex Group's EBIT is ZAR1.3B making its interest coverage ratio 42.4. It has cash and short-term investments of ZAR1.3B.
Key information
26.3%
Debt to equity ratio
R1.59b
Debt
Interest coverage ratio | 42.4x |
Cash | R1.27b |
Equity | R6.05b |
Total liabilities | R6.14b |
Total assets | R12.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RBX's short term assets (ZAR5.7B) exceed its short term liabilities (ZAR4.2B).
Long Term Liabilities: RBX's short term assets (ZAR5.7B) exceed its long term liabilities (ZAR1.9B).
Debt to Equity History and Analysis
Debt Level: RBX's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: RBX's debt to equity ratio has increased from 17% to 26.3% over the past 5 years.
Debt Coverage: RBX's debt is well covered by operating cash flow (106.3%).
Interest Coverage: RBX's interest payments on its debt are well covered by EBIT (42.4x coverage).