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 ZAR1.7B, which brings its debt-to-equity ratio to 19.6%. Its total assets and total liabilities are ZAR13.7B and ZAR5.2B respectively. Southern Sun's EBIT is ZAR1.3B making its interest coverage ratio 5.1. It has cash and short-term investments of ZAR669.0M.
Key information
19.6%
Debt to equity ratio
R1.66b
Debt
| Interest coverage ratio | 5.1x |
| Cash | R669.00m |
| Equity | R8.50b |
| Total liabilities | R5.17b |
| Total assets | R13.67b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SSU's short term assets (ZAR1.2B) do not cover its short term liabilities (ZAR1.4B).
Long Term Liabilities: SSU's short term assets (ZAR1.2B) do not cover its long term liabilities (ZAR3.8B).
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 33.9% to 19.6% over the past 5 years.
Debt Coverage: SSU's debt is well covered by operating cash flow (81.7%).
Interest Coverage: SSU's interest payments on its debt are well covered by EBIT (5.1x coverage).