Salungano Group Balance Sheet Health

Financial Health criteria checks 1/6

Salungano Group has a total shareholder equity of ZAR731.7M and total debt of ZAR640.5M, which brings its debt-to-equity ratio to 87.5%. Its total assets and total liabilities are ZAR4.6B and ZAR3.9B respectively.

Key information

87.5%

Debt to equity ratio

R640.52m

Debt

Interest coverage ration/a
CashR224.73m
EquityR731.67m
Total liabilitiesR3.91b
Total assetsR4.64b

Recent financial health updates

Recent updates

Salungano Group (JSE:SLG) Could Be Struggling To Allocate Capital

Oct 04
Salungano Group (JSE:SLG) Could Be Struggling To Allocate Capital

The Returns On Capital At Salungano Group (JSE:SLG) Don't Inspire Confidence

Jun 28
The Returns On Capital At Salungano Group (JSE:SLG) Don't Inspire Confidence

Investors Shouldn't Be Too Comfortable With Wescoal Holdings' (JSE:WSL) Robust Earnings

Dec 18
Investors Shouldn't Be Too Comfortable With Wescoal Holdings' (JSE:WSL) Robust Earnings

Wescoal Holdings (JSE:WSL) Is Reinvesting At Lower Rates Of Return

Dec 05
Wescoal Holdings (JSE:WSL) Is Reinvesting At Lower Rates Of Return

Wescoal Holdings (JSE:WSL) Has A Somewhat Strained Balance Sheet

Jul 27
Wescoal Holdings (JSE:WSL) Has A Somewhat Strained Balance Sheet

Wescoal Holdings (JSE:WSL) May Have Issues Allocating Its Capital

May 31
Wescoal Holdings (JSE:WSL) May Have Issues Allocating Its Capital

These 4 Measures Indicate That Wescoal Holdings (JSE:WSL) Is Using Debt Extensively

Feb 15
These 4 Measures Indicate That Wescoal Holdings (JSE:WSL) Is Using Debt Extensively

Returns On Capital At Wescoal Holdings (JSE:WSL) Paint An Interesting Picture

Dec 08
Returns On Capital At Wescoal Holdings (JSE:WSL) Paint An Interesting Picture

Financial Position Analysis

Short Term Liabilities: SLG's short term assets (ZAR1.5B) do not cover its short term liabilities (ZAR2.1B).

Long Term Liabilities: SLG's short term assets (ZAR1.5B) do not cover its long term liabilities (ZAR1.9B).


Debt to Equity History and Analysis

Debt Level: SLG's net debt to equity ratio (56.8%) is considered high.

Reducing Debt: SLG's debt to equity ratio has increased from 54.1% to 87.5% over the past 5 years.

Debt Coverage: SLG's debt is well covered by operating cash flow (77%).

Interest Coverage: Insufficient data to determine if SLG's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/11/18 22:38
End of Day Share Price 2023/08/21 00:00
Earnings2022/09/30
Annual Earnings2022/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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Industry and Sector Metrics

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Analyst Sources

Salungano Group Limited is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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