Alexander Forbes Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Alexander Forbes Group Holdings has a total shareholder equity of ZAR4.6B and total debt of ZAR372.0M, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are ZAR423.7B and ZAR419.1B respectively. Alexander Forbes Group Holdings's EBIT is ZAR772.0M making its interest coverage ratio -4.1. It has cash and short-term investments of ZAR3.5B.
Key information
8.1%
Debt to equity ratio
R372.00m
Debt
| Interest coverage ratio | -4.1x |
| Cash | R3.52b |
| Equity | R4.59b |
| Total liabilities | R419.07b |
| Total assets | R423.66b |
Recent financial health updates
No updates
Recent updates
Alexander Forbes Group Holdings Limited's (JSE:AFH) CEO Compensation Is Looking A Bit Stretched At The Moment
Aug 23
Alexander Forbes Group Holdings (JSE:AFH) Will Pay A Larger Dividend Than Last Year At ZAR0.90
Jun 27Alexander Forbes Group Holdings (JSE:AFH) Is Increasing Its Dividend To ZAR0.90
Jun 13Alexander Forbes Group Holdings Limited's (JSE:AFH) CEO Compensation Looks Acceptable To Us And Here's Why
Aug 28If You Had Bought Alexander Forbes Group Holdings (JSE:AFH) Shares Three Years Ago You'd Have A Total Return Of Negative 14%
Feb 16
Financial Position Analysis
Short Term Liabilities: AFH's short term assets (ZAR4.0B) exceed its short term liabilities (ZAR1.2B).
Long Term Liabilities: AFH's short term assets (ZAR4.0B) do not cover its long term liabilities (ZAR417.9B).
Debt to Equity History and Analysis
Debt Level: AFH has more cash than its total debt.
Reducing Debt: AFH's debt to equity ratio has reduced from 12.1% to 8.1% over the past 5 years.
Debt Coverage: AFH's debt is well covered by operating cash flow (325.3%).
Interest Coverage: AFH earns more interest than it pays, so coverage of interest payments is not a concern.