KAL Group Balance Sheet Health
Financial Health criteria checks 5/6
KAL Group has a total shareholder equity of ZAR3.3B and total debt of ZAR2.3B, which brings its debt-to-equity ratio to 70.7%. Its total assets and total liabilities are ZAR8.4B and ZAR5.1B respectively. KAL Group's EBIT is ZAR749.4M making its interest coverage ratio 33. It has cash and short-term investments of ZAR578.9M.
Key information
70.7%
Debt to equity ratio
R2.34b
Debt
| Interest coverage ratio | 33x |
| Cash | R578.88m |
| Equity | R3.32b |
| Total liabilities | R5.06b |
| Total assets | R8.37b |
Recent financial health updates
Kaap Agri (JSE:KAL) Has A Pretty Healthy Balance Sheet
Mar 29
Is Kaap Agri (JSE:KAL) Using Too Much Debt?
Dec 29Recent updates
KAL Group's (JSE:KAL) Solid Earnings Have Been Accounted For Conservatively
May 10KAL Group (JSE:KAL) Is Increasing Its Dividend To ZAR1.30
Dec 26KAL Group (JSE:KAL) Is Increasing Its Dividend To ZAR1.30
Dec 12KAL Group (JSE:KAL) Will Pay A Larger Dividend Than Last Year At ZAR0.50
May 07Kaap Agri (JSE:KAL) Has Announced That It Will Be Increasing Its Dividend To ZAR1.22
Feb 11Kaap Agri's (JSE:KAL) Dividend Will Be Increased To ZAR1.22
Jan 09Kaap Agri (JSE:KAL) Is Increasing Its Dividend To ZAR1.22
Nov 27Kaap Agri (JSE:KAL) Has More To Do To Multiply In Value Going Forward
Jul 19Kaap Agri (JSE:KAL) Is Paying Out A Larger Dividend Than Last Year
May 13Kaap Agri's (JSE:KAL) Returns Have Hit A Wall
Jan 19Kaap Agri (JSE:KAL) Will Pay A Larger Dividend Than Last Year At R1.11
Nov 28I Built A List Of Growing Companies And Kaap Agri (JSE:KAL) Made The Cut
Oct 04Kaap Agri (JSE:KAL) Has A Pretty Healthy Balance Sheet
Mar 29Is Kaap Agri Limited's (JSE:KAL) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Feb 27Is Kaap Agri (JSE:KAL) Likely To Turn Things Around?
Feb 11What Type Of Returns Would Kaap Agri's(JSE:KAL) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Jan 28Read This Before Selling Kaap Agri Limited (JSE:KAL) Shares
Jan 12
Is Kaap Agri (JSE:KAL) Using Too Much Debt?
Dec 29A Quick Analysis On Kaap Agri's (JSE:KAL) CEO Salary
Dec 14Is Kaap Agri Limited's (JSE:KAL) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Nov 27Financial Position Analysis
Short Term Liabilities: KAL's short term assets (ZAR4.6B) exceed its short term liabilities (ZAR3.7B).
Long Term Liabilities: KAL's short term assets (ZAR4.6B) exceed its long term liabilities (ZAR1.3B).
Debt to Equity History and Analysis
Debt Level: KAL's net debt to equity ratio (53.3%) is considered high.
Reducing Debt: KAL's debt to equity ratio has reduced from 75% to 70.7% over the past 5 years.
Debt Coverage: KAL's debt is well covered by operating cash flow (53.4%).
Interest Coverage: KAL's interest payments on its debt are well covered by EBIT (33x coverage).