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Massmart Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Key information
839.0%
Debt to equity ratio
R11.53b
Debt
| Interest coverage ratio | 0.2x |
| Cash | R862.80m |
| Equity | R1.37b |
| Total liabilities | R38.52b |
| Total assets | R39.90b |
Recent financial health updates
Recent updates
The Returns At Massmart Holdings (JSE:MSM) Provide Us With Signs Of What's To Come
Mar 02
How Much Did Massmart Holdings'(JSE:MSM) Shareholders Earn From Share Price Movements Over The Last Three Years?
Feb 03Did Massmart Holdings Limited (JSE:MSM) Insiders Buy Up More Shares?
Dec 22Our Take On The Returns On Capital At Massmart Holdings (JSE:MSM)
Nov 26
Financial Position Analysis
Short Term Liabilities: MSM's short term assets (ZAR19.4B) do not cover its short term liabilities (ZAR27.9B).
Long Term Liabilities: MSM's short term assets (ZAR19.4B) exceed its long term liabilities (ZAR10.6B).
Debt to Equity History and Analysis
Debt Level: MSM's net debt to equity ratio (776.2%) is considered high.
Reducing Debt: MSM's debt to equity ratio has increased from 102.9% to 839% over the past 5 years.
Debt Coverage: MSM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MSM's interest payments on its debt are not well covered by EBIT (0.2x coverage).