Kumba Iron Ore Balance Sheet Health
Financial Health criteria checks 5/6
Kumba Iron Ore has a total shareholder equity of ZAR68.2B and total debt of ZAR4.1B, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are ZAR98.7B and ZAR30.5B respectively. Kumba Iron Ore's EBIT is ZAR40.1B making its interest coverage ratio -306.1. It has cash and short-term investments of ZAR17.7B.
Key information
6.1%
Debt to equity ratio
R4.14b
Debt
| Interest coverage ratio | -306.1x |
| Cash | R17.72b |
| Equity | R68.22b |
| Total liabilities | R30.50b |
| Total assets | R98.72b |
Recent financial health updates
Kumba Iron Ore (JSE:KIO) Could Easily Take On More Debt
Apr 02
Here's Why Kumba Iron Ore (JSE:KIO) Can Manage Its Debt Responsibly
Dec 07We Think Kumba Iron Ore (JSE:KIO) Can Stay On Top Of Its Debt
Sep 08Kumba Iron Ore (JSE:KIO) Seems To Use Debt Quite Sensibly
Apr 11Recent updates
Kumba 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 28Here's Why Kumba Iron Ore (JSE:KIO) Can Manage Its Debt Responsibly
Dec 07Under The Bonnet, Kumba Iron Ore's (JSE:KIO) Returns Look Impressive
Nov 16We Think Kumba Iron Ore (JSE:KIO) Can Stay On Top Of Its Debt
Sep 08Kumba Iron Ore (JSE:KIO) Is Paying Out Less In Dividends Than Last Year
Jul 28Investors Should Be Encouraged By Kumba Iron Ore's (JSE:KIO) Returns On Capital
Jul 19Kumba Iron Ore (JSE:KIO) Seems To Use Debt Quite Sensibly
Apr 11Kumba Iron Ore (JSE:KIO) Is Very Good At Capital Allocation
Mar 24Calculating The Fair Value Of Kumba Iron Ore Limited (JSE:KIO)
Jul 29Kumba Iron Ore Limited (JSE:KIO) Shares Could Be 22% Above Their Intrinsic Value Estimate
Apr 23An Intrinsic Calculation For Kumba Iron Ore Limited (JSE:KIO) Suggests It's 39% Undervalued
Jan 19If You Like EPS Growth Then Check Out Kumba Iron Ore (JSE:KIO) Before It's Too Late
Oct 30A Look At The Fair Value Of Kumba Iron Ore Limited (JSE:KIO)
Oct 10New Forecasts: Here's What Analysts Think The Future Holds For Kumba Iron Ore Limited (JSE:KIO)
Jul 29Kumba Iron Ore Limited's (JSE:KIO) CEO Looks Like They Deserve Their Pay Packet
May 08Kumba Iron Ore Limited (JSE:KIO) Passed Our Checks, And It's About To Pay A R41.30 Dividend
Mar 06This Insider Has Just Sold Shares In Kumba Iron Ore Limited (JSE:KIO)
Mar 04Is Kumba Iron Ore Limited (JSE:KIO) An Attractive Dividend Stock?
Mar 01Have Insiders Been Selling Kumba Iron Ore Limited (JSE:KIO) Shares?
Feb 11Does Kumba Iron Ore's (JSE:KIO) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 16
Kumba Iron Ore Limited's (JSE:KIO) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Dec 29These Trends Paint A Bright Future For Kumba Iron Ore (JSE:KIO)
Dec 14Financial Position Analysis
Short Term Liabilities: KIO's short term assets (ZAR39.5B) exceed its short term liabilities (ZAR14.8B).
Long Term Liabilities: KIO's short term assets (ZAR39.5B) exceed its long term liabilities (ZAR15.7B).
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 6.1% over the past 5 years.
Debt Coverage: KIO's debt is well covered by operating cash flow (707.2%).
Interest Coverage: KIO earns more interest than it pays, so coverage of interest payments is not a concern.