African Rainbow Capital Investments Balance Sheet Health
Financial Health criteria checks 6/6
African Rainbow Capital Investments has a total shareholder equity of ZAR16.9B and total debt of ZAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ZAR16.9B and ZAR3.0M respectively.
Key information
0%
Debt to equity ratio
R0
Debt
| Interest coverage ratio | n/a |
| Cash | R768.00m |
| Equity | R16.90b |
| Total liabilities | R3.00m |
| Total assets | R16.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AIL's short term assets (ZAR768.0M) exceed its short term liabilities (ZAR3.0M).
Long Term Liabilities: AIL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AIL is debt free.
Reducing Debt: AIL has not had any debt for past 5 years.
Debt Coverage: AIL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AIL has no debt, therefore coverage of interest payments is not a concern.