Deneb Investments Balance Sheet Health
Financial Health criteria checks 3/6
Deneb Investments has a total shareholder equity of ZAR1.8B and total debt of ZAR1.0B, which brings its debt-to-equity ratio to 54.7%. Its total assets and total liabilities are ZAR3.7B and ZAR1.9B respectively. Deneb Investments's EBIT is ZAR239.5M making its interest coverage ratio 2. It has cash and short-term investments of ZAR82.5M.
Key information
54.7%
Debt to equity ratio
R1.01b
Debt
| Interest coverage ratio | 2x |
| Cash | R82.54m |
| Equity | R1.84b |
| Total liabilities | R1.88b |
| Total assets | R3.73b |
Recent financial health updates
No updates
Recent updates
Deneb Investments Limited's (JSE:DNB) Shares May Have Run Too Fast Too Soon
Aug 20
Deneb Investments (JSE:DNB) Is Due To Pay A Dividend Of ZAR0.10
May 25Subdued Growth No Barrier To Deneb Investments Limited's (JSE:DNB) Price
Dec 28Deneb Investments' (JSE:DNB) Shareholders Will Receive A Bigger Dividend Than Last Year
May 28Further Upside For Deneb Investments Limited (JSE:DNB) Shares Could Introduce Price Risks After 26% Bounce
Jun 10Deneb Investments (JSE:DNB) Has Announced That It Will Be Increasing Its Dividend To R0.09
May 30Here's Why Shareholders May Want To Be Cautious With Increasing Deneb Investments Limited's (JSE:DNB) CEO Pay Packet
Oct 06Why Deneb Investments' (JSE:DNB) CEO Pay Matters
Jan 30Deneb Investments'(JSE:DNB) Share Price Is Down 24% Over The Past Five Years.
Dec 25How Many Deneb Investments Limited (JSE:DNB) Shares Did Insiders Buy, In The Last Year?
Nov 20Financial Position Analysis
Short Term Liabilities: DNB's short term assets (ZAR1.6B) exceed its short term liabilities (ZAR935.7M).
Long Term Liabilities: DNB's short term assets (ZAR1.6B) exceed its long term liabilities (ZAR947.4M).
Debt to Equity History and Analysis
Debt Level: DNB's net debt to equity ratio (50.2%) is considered high.
Reducing Debt: DNB's debt to equity ratio has reduced from 80.1% to 54.7% over the past 5 years.
Debt Coverage: DNB's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: DNB's interest payments on its debt are not well covered by EBIT (2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:05 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Deneb Investments Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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