MTN Zakhele Futhi (RF) Balance Sheet Health
Financial Health criteria checks 6/6
MTN Zakhele Futhi (RF) has a total shareholder equity of ZAR2.6B and total debt of ZAR755.2M, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are ZAR6.0B and ZAR3.4B respectively. MTN Zakhele Futhi (RF)'s EBIT is ZAR233.6M making its interest coverage ratio 3.8. It has cash and short-term investments of ZAR6.0B.
Key information
28.8%
Debt to equity ratio
R755.18m
Debt
| Interest coverage ratio | 3.8x |
| Cash | R5.97b |
| Equity | R2.62b |
| Total liabilities | R3.35b |
| Total assets | R5.98b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MTNZF's short term assets (ZAR6.0B) exceed its short term liabilities (ZAR3.4B).
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 reduced from 60.9% to 28.8% over the past 5 years.
Debt Coverage: MTNZF's debt is well covered by operating cash flow (23.5%).
Interest Coverage: MTNZF's interest payments on its debt are well covered by EBIT (3.8x coverage).