Mantengu Mining Balance Sheet Health
Financial Health criteria checks 1/6
Mantengu Mining has a total shareholder equity of ZAR135.9M and total debt of ZAR193.6M, which brings its debt-to-equity ratio to 142.4%. Its total assets and total liabilities are ZAR574.4M and ZAR438.5M respectively. Mantengu Mining's EBIT is ZAR64.6M making its interest coverage ratio 1.9. It has cash and short-term investments of ZAR785.0K.
Key information
142.4%
Debt to equity ratio
R193.57m
Debt
Interest coverage ratio | 1.9x |
Cash | R785.00k |
Equity | R135.93m |
Total liabilities | R438.45m |
Total assets | R574.38m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTU's short term assets (ZAR248.7M) do not cover its short term liabilities (ZAR333.4M).
Long Term Liabilities: MTU's short term assets (ZAR248.7M) exceed its long term liabilities (ZAR105.0M).
Debt to Equity History and Analysis
Debt Level: MTU's net debt to equity ratio (141.8%) is considered high.
Reducing Debt: Insufficient data to determine if MTU's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MTU's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: MTU's interest payments on its debt are not well covered by EBIT (1.9x coverage).