Kumba Iron Ore Balance Sheet Health
Financial Health criteria checks 5/6
Kumba Iron Ore has a total shareholder equity of ZAR67.1B and total debt of ZAR1,000.0M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are ZAR93.2B and ZAR26.1B respectively. Kumba Iron Ore's EBIT is ZAR36.1B making its interest coverage ratio -105.3. It has cash and short-term investments of ZAR15.8B.
Key information
1.5%
Debt to equity ratio
R1.00b
Debt
| Interest coverage ratio | -105.3x |
| Cash | R15.85b |
| Equity | R67.11b |
| Total liabilities | R26.09b |
| Total assets | R93.21b |
Recent financial health updates
These 4 Measures Indicate That Kumba Iron Ore (JSE:KIO) Is Using Debt Safely
Sep 06
Kumba Iron Ore (JSE:KIO) Could Easily Take On More Debt
Apr 02Recent updates
Many Would Be Envious Of Kumba Iron Ore's (JSE:KIO) Excellent Returns On Capital
Oct 20Kumba Iron Ore Limited's (JSE:KIO) Price Is Right But Growth Is Lacking
Sep 28These 4 Measures Indicate That Kumba Iron Ore (JSE:KIO) Is Using Debt Safely
Sep 06Kumba Iron Ore (JSE:KIO) Is Investing Its Capital With Increasing Efficiency
Jun 25Kumba Iron Ore Limited's (JSE:KIO) Popularity With Investors Is Under Threat From Overpricing
Jun 04Kumba Iron Ore (JSE:KIO) Could Easily Take On More Debt
Apr 02Why We Like The Returns At Kumba Iron Ore (JSE:KIO)
Feb 19Risks To Shareholder Returns Are Elevated At These Prices For Kumba Iron Ore Limited (JSE:KIO)
Dec 28Financial Position Analysis
Short Term Liabilities: KIO's short term assets (ZAR34.1B) exceed its short term liabilities (ZAR9.8B).
Long Term Liabilities: KIO's short term assets (ZAR34.1B) exceed its long term liabilities (ZAR16.3B).
Debt to Equity History and Analysis
Debt Level: KIO has more cash than its total debt.
Reducing Debt: KIO's debt to equity ratio has increased from 0% to 1.5% over the past 5 years.
Debt Coverage: KIO's debt is well covered by operating cash flow (3135.9%).
Interest Coverage: KIO earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:07 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Kumba Iron Ore Limited is covered by 30 analysts. 10 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 |
|---|---|
| Mpumelelo Mthembu | Absa Bank Limited |
| Wade Napier | Avior Capital Markets |
| Caroline Learmonth | Barclays |