Southern Sun Balance Sheet Health
Financial Health criteria checks 4/6
Southern Sun has a total shareholder equity of ZAR8.5B and total debt of ZAR1.5B, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are ZAR13.6B and ZAR5.0B respectively. Southern Sun's EBIT is ZAR1.4B making its interest coverage ratio 5.9. It has cash and short-term investments of ZAR517.0M.
Key information
17.7%
Debt to equity ratio
R1.51b
Debt
| Interest coverage ratio | 5.9x |
| Cash | R517.00m |
| Equity | R8.53b |
| Total liabilities | R5.04b |
| Total assets | R13.57b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SSU's short term assets (ZAR1.3B) do not cover its short term liabilities (ZAR1.5B).
Long Term Liabilities: SSU's short term assets (ZAR1.3B) do not cover its long term liabilities (ZAR3.6B).
Debt to Equity History and Analysis
Debt Level: SSU's net debt to equity ratio (11.7%) is considered satisfactory.
Reducing Debt: SSU's debt to equity ratio has reduced from 36.7% to 17.7% over the past 5 years.
Debt Coverage: SSU's debt is well covered by operating cash flow (88%).
Interest Coverage: SSU's interest payments on its debt are well covered by EBIT (5.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:32 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Southern Sun Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Luyanda Njilo | Nedbank Corporate and Investment Bank |