Southern Sun Balance Sheet Health
Financial Health criteria checks 4/6
Southern Sun has a total shareholder equity of ZAR8.1B and total debt of ZAR2.0B, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are ZAR13.3B and ZAR5.2B respectively. Southern Sun's EBIT is ZAR1.2B making its interest coverage ratio 4.3. It has cash and short-term investments of ZAR498.0M.
Key information
24.5%
Debt to equity ratio
R1.99b
Debt
| Interest coverage ratio | 4.3x |
| Cash | R498.00m |
| Equity | R8.13b |
| Total liabilities | R5.16b |
| Total assets | R13.29b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SSU's short term assets (ZAR1.1B) do not cover its short term liabilities (ZAR1.2B).
Long Term Liabilities: SSU's short term assets (ZAR1.1B) do not cover its long term liabilities (ZAR3.9B).
Debt to Equity History and Analysis
Debt Level: SSU's net debt to equity ratio (18.4%) is considered satisfactory.
Reducing Debt: SSU's debt to equity ratio has reduced from 54.4% to 24.5% over the past 5 years.
Debt Coverage: SSU's debt is well covered by operating cash flow (55.5%).
Interest Coverage: SSU's interest payments on its debt are well covered by EBIT (4.3x coverage).