OUTsurance Group Balance Sheet Health
Financial Health criteria checks 5/6
OUTsurance Group has a total shareholder equity of ZAR15.4B and total debt of ZAR859.0M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are ZAR34.3B and ZAR18.9B respectively. OUTsurance Group's EBIT is ZAR6.7B making its interest coverage ratio 92.4. It has cash and short-term investments of ZAR7.3B.
Key information
5.6%
Debt to equity ratio
R859.00m
Debt
| Interest coverage ratio | 92.4x |
| Cash | R7.32b |
| Equity | R15.39b |
| Total liabilities | R18.87b |
| Total assets | R34.26b |
Recent financial health updates
No updates
Recent updates
If EPS Growth Is Important To You, OUTsurance Group (JSE:OUT) Presents An Opportunity
Dec 05
Unpleasant Surprises Could Be In Store For OUTsurance Group Limited's (JSE:OUT) Shares
Nov 16OUTsurance Group (JSE:OUT) Is Paying Out A Larger Dividend Than Last Year
Sep 20Here's Why We Think OUTsurance Group (JSE:OUT) Is Well Worth Watching
Sep 04There's Reason For Concern Over OUTsurance Group Limited's (JSE:OUT) Price
Aug 14Is Now The Time To Put OUTsurance Group (JSE:OUT) On Your Watchlist?
May 21Subdued Growth No Barrier To OUTsurance Group Limited's (JSE:OUT) Price
Apr 29OUTsurance Group's (JSE:OUT) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 21Investors Appear Satisfied With OUTsurance Group Limited's (JSE:OUT) Prospects
Jan 20Financial Position Analysis
Short Term Liabilities: OUT's short term assets (ZAR10.6B) do not cover its short term liabilities (ZAR12.8B).
Long Term Liabilities: OUT's short term assets (ZAR10.6B) exceed its long term liabilities (ZAR6.1B).
Debt to Equity History and Analysis
Debt Level: OUT has more cash than its total debt.
Reducing Debt: OUT's debt to equity ratio has reduced from 43.1% to 5.6% over the past 5 years.
Debt Coverage: OUT's debt is well covered by operating cash flow (378.2%).
Interest Coverage: OUT's interest payments on its debt are well covered by EBIT (92.4x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 16:55 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
OUTsurance Group Limited is covered by 9 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Adrienne Damant | Avior Capital Markets |
| Marius Strydom | BofA Global Research |
| Larissa van Deventer | Deutsche Bank |