Sea Harvest Group Balance Sheet Health
Financial Health criteria checks 2/6
Sea Harvest Group has a total shareholder equity of ZAR3.4B and total debt of ZAR2.7B, which brings its debt-to-equity ratio to 78.6%. Its total assets and total liabilities are ZAR8.0B and ZAR4.6B respectively. Sea Harvest Group's EBIT is ZAR459.9M making its interest coverage ratio 2.1. It has cash and short-term investments of ZAR280.6M.
Key information
78.6%
Debt to equity ratio
R2.65b
Debt
| Interest coverage ratio | 2.1x |
| Cash | R280.60m |
| Equity | R3.38b |
| Total liabilities | R4.65b |
| Total assets | R8.02b |
Recent financial health updates
Recent updates
Getting In Cheap On Sea Harvest Group Limited (JSE:SHG) Is Unlikely
Jul 02
Here's Why It's Unlikely That Sea Harvest Group Limited's (JSE:SHG) CEO Will See A Pay Rise This Year
May 24Sea Harvest Group's (JSE:SHG) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Mar 14Sea Harvest Group's (JSE:SHG) Upcoming Dividend Will Be Larger Than Last Year's
Mar 09Sea Harvest Group's (JSE:SHG) Dividend Will Be Increased To R0.56
Mar 03Estimating The Fair Value Of Sea Harvest Group Limited (JSE:SHG)
Feb 01Sea Harvest Group (JSE:SHG) Could Be Struggling To Allocate Capital
Jun 10Shareholders May Not Be So Generous With Sea Harvest Group Limited's (JSE:SHG) CEO Compensation And Here's Why
May 19These 4 Measures Indicate That Sea Harvest Group (JSE:SHG) Is Using Debt Reasonably Well
Mar 22Have Insiders Been Selling Sea Harvest Group Limited (JSE:SHG) Shares?
Mar 01Sea Harvest Group Limited's (JSE:SHG) Stock Has Fared Decently: Is the Market Following Strong Financials?
Feb 08
Our Take On The Returns On Capital At Sea Harvest Group (JSE:SHG)
Jan 21Sea Harvest Group (JSE:SHG) Shareholders Have Enjoyed A 22% Share Price Gain
Dec 30Is Sea Harvest Group Limited (JSE:SHG) A Smart Pick For Income Investors?
Dec 15Have Sea Harvest Group Limited (JSE:SHG) Insiders Been Selling Their Stock?
Nov 29Does Sea Harvest Group's (JSE:SHG) CEO Salary Compare Well With Industry Peers?
Nov 19Financial Position Analysis
Short Term Liabilities: SHG's short term assets (ZAR2.4B) exceed its short term liabilities (ZAR1.3B).
Long Term Liabilities: SHG's short term assets (ZAR2.4B) do not cover its long term liabilities (ZAR3.4B).
Debt to Equity History and Analysis
Debt Level: SHG's net debt to equity ratio (70.3%) is considered high.
Reducing Debt: SHG's debt to equity ratio has reduced from 81.8% to 78.6% over the past 5 years.
Debt Coverage: SHG's debt is not well covered by operating cash flow (17%).
Interest Coverage: SHG's interest payments on its debt are not well covered by EBIT (2.1x coverage).