African Equity Empowerment Investments Balance Sheet Health
Financial Health criteria checks 4/6
African Equity Empowerment Investments has a total shareholder equity of ZAR1.2B and total debt of ZAR126.7M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are ZAR1.7B and ZAR503.7M respectively.
Key information
10.5%
Debt to equity ratio
R126.69m
Debt
| Interest coverage ratio | n/a |
| Cash | R248.01m |
| Equity | R1.21b |
| Total liabilities | R503.69m |
| Total assets | R1.71b |
Recent financial health updates
No updates
Recent updates
The Market Doesn't Like What It Sees From African Equity Empowerment Investments Limited's (JSE:AEE) Revenues Yet
Oct 07
This Is The Reason Why We Think African Equity Empowerment Investments Limited's (JSE:AEE) CEO Deserves A Bump Up To Their Compensation
Feb 21African Equity Empowerment Investments' (JSE:AEE) Stock Price Has Reduced 79% In The Past Three Years
Mar 17Financial Position Analysis
Short Term Liabilities: AEE's short term assets (ZAR791.5M) exceed its short term liabilities (ZAR245.9M).
Long Term Liabilities: AEE's short term assets (ZAR791.5M) exceed its long term liabilities (ZAR257.8M).
Debt to Equity History and Analysis
Debt Level: AEE has more cash than its total debt.
Reducing Debt: AEE's debt to equity ratio has increased from 4.6% to 10.5% over the past 5 years.
Debt Coverage: AEE's debt is well covered by operating cash flow (55.5%).
Interest Coverage: Insufficient data to determine if AEE's interest payments on its debt are well covered by EBIT.