Old Mutual Balance Sheet Health
Financial Health criteria checks 3/6
Old Mutual has a total shareholder equity of ZAR58.6B and total debt of ZAR65.6B, which brings its debt-to-equity ratio to 112%. Its total assets and total liabilities are ZAR1,156.6B and ZAR1,098.0B respectively. Old Mutual's EBIT is ZAR13.9B making its interest coverage ratio 21.1. It has cash and short-term investments of ZAR114.2B.
Key information
112.0%
Debt to equity ratio
R65.58b
Debt
| Interest coverage ratio | 21.1x |
| Cash | R114.20b |
| Equity | R58.58b |
| Total liabilities | R1.10t |
| Total assets | R1.16t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: OMU's short term assets (ZAR175.1B) exceed its short term liabilities (ZAR154.7B).
Long Term Liabilities: OMU's short term assets (ZAR175.1B) do not cover its long term liabilities (ZAR943.3B).
Debt to Equity History and Analysis
Debt Level: OMU has more cash than its total debt.
Reducing Debt: OMU's debt to equity ratio has increased from 32.3% to 112% over the past 5 years.
Debt Coverage: OMU's debt is not well covered by operating cash flow (9%).
Interest Coverage: OMU's interest payments on its debt are well covered by EBIT (21.1x coverage).