Sanlam Balance Sheet Health
Financial Health criteria checks 3/6
Sanlam has a total shareholder equity of ZAR96.9B and total debt of ZAR15.1B, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are ZAR990.5B and ZAR893.5B respectively. Sanlam's EBIT is ZAR94.2B making its interest coverage ratio 62.1. It has cash and short-term investments of ZAR214.4B.
Key information
15.6%
Debt to equity ratio
R15.07b
Debt
| Interest coverage ratio | 62.1x |
| Cash | R214.39b |
| Equity | R96.91b |
| Total liabilities | R893.55b |
| Total assets | R990.45b |
Recent financial health updates
No updates
Recent updates
Sanlam Limited's (JSE:SLM) Business Is Trailing The Market But Its Shares Aren't
Apr 03
Sanlam Limited's (JSE:SLM) Share Price Could Signal Some Risk
Dec 18We Ran A Stock Scan For Earnings Growth And Sanlam (JSE:SLM) Passed With Ease
Jun 21Looking For Steady Income For Your Dividend Portfolio? Is Sanlam Limited (JSE:SLM) A Good Fit?
Mar 04Did Sanlam Limited (JSE:SLM) Insiders Sell Shares?
Feb 08What Is The Ownership Structure Like For Sanlam Limited (JSE:SLM)?
Jan 13
Does Sanlam Limited's (JSE:SLM) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
Dec 23Are Dividend Investors Making A Mistake With Sanlam Limited (JSE:SLM)?
Dec 02Financial Position Analysis
Short Term Liabilities: SLM's short term assets (ZAR312.2B) exceed its short term liabilities (ZAR126.0B).
Long Term Liabilities: SLM's short term assets (ZAR312.2B) do not cover its long term liabilities (ZAR767.5B).
Debt to Equity History and Analysis
Debt Level: SLM has more cash than its total debt.
Reducing Debt: SLM's debt to equity ratio has increased from 9.1% to 15.6% over the past 5 years.
Debt Coverage: SLM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SLM's interest payments on its debt are well covered by EBIT (62.1x coverage).