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 ratio1.9x
CashR785.00k
EquityR135.93m
Total liabilitiesR438.45m
Total assetsR574.38m

Recent financial health updates

Recent updates

Is Mantengu Mining (JSE:MTU) A Risky Investment?

Jul 24
Is Mantengu Mining (JSE:MTU) A Risky Investment?

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).


Balance Sheet


Discover healthy companies