Libstar Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Libstar Holdings has a total shareholder equity of ZAR5.3B and total debt of ZAR1.7B, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are ZAR9.8B and ZAR4.5B respectively. Libstar Holdings's EBIT is ZAR586.8M making its interest coverage ratio 2.7. It has cash and short-term investments of ZAR397.3M.
Key information
32.9%
Debt to equity ratio
R1.74b
Debt
| Interest coverage ratio | 2.7x |
| Cash | R397.25m |
| Equity | R5.29b |
| Total liabilities | R4.55b |
| Total assets | R9.84b |
Recent financial health updates
Recent updates
The Returns At Libstar Holdings (JSE:LBR) Aren't Growing
Dec 06
Returns On Capital At Libstar Holdings (JSE:LBR) Have Hit The Brakes
May 26Investors Met With Slowing Returns on Capital At Libstar Holdings (JSE:LBR)
Nov 01These 4 Measures Indicate That Libstar Holdings (JSE:LBR) Is Using Debt Extensively
Sep 18Financial Position Analysis
Short Term Liabilities: LBR's short term assets (ZAR4.3B) exceed its short term liabilities (ZAR2.3B).
Long Term Liabilities: LBR's short term assets (ZAR4.3B) exceed its long term liabilities (ZAR2.3B).
Debt to Equity History and Analysis
Debt Level: LBR's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: LBR's debt to equity ratio has reduced from 39.7% to 32.9% over the past 5 years.
Debt Coverage: LBR's debt is well covered by operating cash flow (23.8%).
Interest Coverage: LBR's interest payments on its debt are not well covered by EBIT (2.7x coverage).