MTN Zakhele Futhi (RF) Balance Sheet Health
Financial Health criteria checks 5/6
MTN Zakhele Futhi (RF) has a total shareholder equity of ZAR822.4M and total debt of ZAR577.0M, which brings its debt-to-equity ratio to 70.2%. Its total assets and total liabilities are ZAR4.5B and ZAR3.6B respectively. MTN Zakhele Futhi (RF)'s EBIT is ZAR221.2M making its interest coverage ratio 4. It has cash and short-term investments of ZAR4.4B.
Key information
70.2%
Debt to equity ratio
R577.05m
Debt
| Interest coverage ratio | 4x |
| Cash | R4.45b |
| Equity | R822.40m |
| Total liabilities | R3.63b |
| Total assets | R4.45b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MTNZF's short term assets (ZAR4.5B) exceed its short term liabilities (ZAR3.6B).
Long Term Liabilities: MTNZF has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MTNZF has more cash than its total debt.
Reducing Debt: MTNZF's debt to equity ratio has increased from 37.3% to 70.2% over the past 5 years.
Debt Coverage: MTNZF's debt is well covered by operating cash flow (28.2%).
Interest Coverage: MTNZF's interest payments on its debt are well covered by EBIT (4x coverage).