Choppies Enterprises Balance Sheet Health
Financial Health criteria checks 3/6
Choppies Enterprises has a total shareholder equity of BWP122.0M and total debt of BWP470.0M, which brings its debt-to-equity ratio to 385.2%. Its total assets and total liabilities are BWP2.8B and BWP2.7B respectively. Choppies Enterprises's EBIT is BWP353.0M making its interest coverage ratio 3.2. It has cash and short-term investments of BWP197.0M.
Key information
385.2%
Debt to equity ratio
P470.00m
Debt
Interest coverage ratio | 3.2x |
Cash | P197.00m |
Equity | P122.00m |
Total liabilities | P2.69b |
Total assets | P2.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHP's short term assets (BWP1.1B) do not cover its short term liabilities (BWP1.6B).
Long Term Liabilities: CHP's short term assets (BWP1.1B) exceed its long term liabilities (BWP1.0B).
Debt to Equity History and Analysis
Debt Level: CHP's net debt to equity ratio (223.8%) is considered high.
Reducing Debt: CHP's debt to equity ratio has increased from 178.9% to 385.2% over the past 5 years.
Debt Coverage: CHP's debt is well covered by operating cash flow (113.2%).
Interest Coverage: CHP's interest payments on its debt are well covered by EBIT (3.2x coverage).