Tsogo Sun Balance Sheet Health
Financial Health criteria checks 2/6
Tsogo Sun has a total shareholder equity of ZAR4.8B and total debt of ZAR8.6B, which brings its debt-to-equity ratio to 179.9%. Its total assets and total liabilities are ZAR16.4B and ZAR11.6B respectively. Tsogo Sun's EBIT is ZAR3.1B making its interest coverage ratio 4.7. It has cash and short-term investments of ZAR610.0M.
Key information
179.9%
Debt to equity ratio
R8.60b
Debt
| Interest coverage ratio | 4.7x |
| Cash | R610.00m |
| Equity | R4.78b |
| Total liabilities | R11.59b |
| Total assets | R16.37b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: TSG's short term assets (ZAR1.2B) do not cover its short term liabilities (ZAR1.5B).
Long Term Liabilities: TSG's short term assets (ZAR1.2B) do not cover its long term liabilities (ZAR10.1B).
Debt to Equity History and Analysis
Debt Level: TSG's net debt to equity ratio (167.2%) is considered high.
Reducing Debt: TSG's debt to equity ratio has increased from 114.6% to 179.9% over the past 5 years.
Debt Coverage: TSG's debt is well covered by operating cash flow (31.5%).
Interest Coverage: TSG's interest payments on its debt are well covered by EBIT (4.7x coverage).