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 ratio | n/a |
| Cash | R224.73m |
| Equity | R731.67m |
| Total liabilities | R3.91b |
| Total assets | R4.64b |
Recent financial health updates
Wescoal Holdings (JSE:WSL) Has A Somewhat Strained Balance Sheet
Jul 27
These 4 Measures Indicate That Wescoal Holdings (JSE:WSL) Is Using Debt Extensively
Feb 15
Recent updates
Salungano Group (JSE:SLG) Could Be Struggling To Allocate Capital
Oct 04The Returns On Capital At Salungano Group (JSE:SLG) Don't Inspire Confidence
Jun 28Investors Shouldn't Be Too Comfortable With Wescoal Holdings' (JSE:WSL) Robust Earnings
Dec 18Wescoal Holdings (JSE:WSL) Is Reinvesting At Lower Rates Of Return
Dec 05Wescoal Holdings (JSE:WSL) Has A Somewhat Strained Balance Sheet
Jul 27Wescoal Holdings (JSE:WSL) May Have Issues Allocating Its Capital
May 31These 4 Measures Indicate That Wescoal Holdings (JSE:WSL) Is Using Debt Extensively
Feb 15Returns On Capital At Wescoal Holdings (JSE:WSL) Paint An Interesting Picture
Dec 08Financial 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.