Shoprite Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Shoprite Holdings has a total shareholder equity of ZAR26.7B and total debt of ZAR8.1B, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are ZAR108.0B and ZAR81.3B respectively. Shoprite Holdings's EBIT is ZAR11.5B making its interest coverage ratio 4.1. It has cash and short-term investments of ZAR11.1B.
Key information
30.4%
Debt to equity ratio
R8.10b
Debt
| Interest coverage ratio | 4.1x |
| Cash | R11.09b |
| Equity | R26.68b |
| Total liabilities | R81.29b |
| Total assets | R107.97b |
Recent financial health updates
Recent updates
We Think Shoprite Holdings (JSE:SHP) Can Stay On Top Of Its Debt
Jan 01
Shoprite Holdings (JSE:SHP) Could Be Struggling To Allocate Capital
Dec 05We Discuss Why The CEO Of Shoprite Holdings Ltd (JSE:SHP) Is Due For A Pay Rise
Nov 08Here's Why We Think Shoprite Holdings (JSE:SHP) Might Deserve Your Attention Today
Oct 21Shoprite Holdings (JSE:SHP) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Oct 08Shoprite Holdings (JSE:SHP) Is Paying Out A Larger Dividend Than Last Year
Sep 24Shoprite Holdings (JSE:SHP) Is Paying Out A Larger Dividend Than Last Year
Sep 10The Returns On Capital At Shoprite Holdings (JSE:SHP) Don't Inspire Confidence
Sep 03Does This Valuation Of Shoprite Holdings Limited (JSE:SHP) Imply Investors Are Overpaying?
Aug 04Does Shoprite Holdings (JSE:SHP) Deserve A Spot On Your Watchlist?
Jul 21With Shoprite Holdings Limited (JSE:SHP) It Looks Like You'll Get What You Pay For
Jun 23Be Wary Of Shoprite Holdings (JSE:SHP) And Its Returns On Capital
May 08Financial Position Analysis
Short Term Liabilities: SHP's short term assets (ZAR50.8B) exceed its short term liabilities (ZAR40.8B).
Long Term Liabilities: SHP's short term assets (ZAR50.8B) exceed its long term liabilities (ZAR40.5B).
Debt to Equity History and Analysis
Debt Level: SHP has more cash than its total debt.
Reducing Debt: SHP's debt to equity ratio has reduced from 53.4% to 30.4% over the past 5 years.
Debt Coverage: SHP's debt is well covered by operating cash flow (164.4%).
Interest Coverage: SHP's interest payments on its debt are well covered by EBIT (4.1x coverage).