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
CashR17.72b
EquityR68.22b
Total liabilitiesR30.50b
Total assetsR98.72b

Recent financial health updates

Recent updates

Kumba Iron Ore Limited's (JSE:KIO) Popularity With Investors Is Under Threat From Overpricing

Jun 04
Kumba Iron Ore Limited's (JSE:KIO) Popularity With Investors Is Under Threat From Overpricing

Kumba Iron Ore (JSE:KIO) Could Easily Take On More Debt

Apr 02
Kumba Iron Ore (JSE:KIO) Could Easily Take On More Debt

Why We Like The Returns At Kumba Iron Ore (JSE:KIO)

Feb 19
Why We Like The Returns At Kumba Iron Ore (JSE:KIO)

Risks To Shareholder Returns Are Elevated At These Prices For Kumba Iron Ore Limited (JSE:KIO)

Dec 28
Risks To Shareholder Returns Are Elevated At These Prices For Kumba Iron Ore Limited (JSE:KIO)

Here's Why Kumba Iron Ore (JSE:KIO) Can Manage Its Debt Responsibly

Dec 07
Here's Why Kumba Iron Ore (JSE:KIO) Can Manage Its Debt Responsibly

Under The Bonnet, Kumba Iron Ore's (JSE:KIO) Returns Look Impressive

Nov 16
Under The Bonnet, Kumba Iron Ore's (JSE:KIO) Returns Look Impressive

We Think Kumba Iron Ore (JSE:KIO) Can Stay On Top Of Its Debt

Sep 08
We Think Kumba Iron Ore (JSE:KIO) Can Stay On Top Of Its Debt

Kumba Iron Ore (JSE:KIO) Is Paying Out Less In Dividends Than Last Year

Jul 28
Kumba Iron Ore (JSE:KIO) Is Paying Out Less In Dividends Than Last Year

Investors Should Be Encouraged By Kumba Iron Ore's (JSE:KIO) Returns On Capital

Jul 19
Investors Should Be Encouraged By Kumba Iron Ore's (JSE:KIO) Returns On Capital

Kumba Iron Ore (JSE:KIO) Seems To Use Debt Quite Sensibly

Apr 11
Kumba Iron Ore (JSE:KIO) Seems To Use Debt Quite Sensibly

Kumba Iron Ore (JSE:KIO) Is Very Good At Capital Allocation

Mar 24
Kumba Iron Ore (JSE:KIO) Is Very Good At Capital Allocation

Calculating The Fair Value Of Kumba Iron Ore Limited (JSE:KIO)

Jul 29
Calculating The Fair Value Of Kumba Iron Ore Limited (JSE:KIO)

Kumba Iron Ore Limited (JSE:KIO) Shares Could Be 22% Above Their Intrinsic Value Estimate

Apr 23
Kumba Iron Ore Limited (JSE:KIO) Shares Could Be 22% Above Their Intrinsic Value Estimate

An Intrinsic Calculation For Kumba Iron Ore Limited (JSE:KIO) Suggests It's 39% Undervalued

Jan 19
An Intrinsic Calculation For Kumba Iron Ore Limited (JSE:KIO) Suggests It's 39% Undervalued

If You Like EPS Growth Then Check Out Kumba Iron Ore (JSE:KIO) Before It's Too Late

Oct 30
If You Like EPS Growth Then Check Out Kumba Iron Ore (JSE:KIO) Before It's Too Late

A Look At The Fair Value Of Kumba Iron Ore Limited (JSE:KIO)

Oct 10
A Look At The Fair Value Of Kumba Iron Ore Limited (JSE:KIO)

New Forecasts: Here's What Analysts Think The Future Holds For Kumba Iron Ore Limited (JSE:KIO)

Jul 29
New Forecasts: Here's What Analysts Think The Future Holds For Kumba Iron Ore Limited (JSE:KIO)

Kumba Iron Ore Limited's (JSE:KIO) CEO Looks Like They Deserve Their Pay Packet

May 08
Kumba Iron Ore Limited's (JSE:KIO) CEO Looks Like They Deserve Their Pay Packet

Kumba Iron Ore Limited (JSE:KIO) Passed Our Checks, And It's About To Pay A R41.30 Dividend

Mar 06
Kumba Iron Ore Limited (JSE:KIO) Passed Our Checks, And It's About To Pay A R41.30 Dividend

This Insider Has Just Sold Shares In Kumba Iron Ore Limited (JSE:KIO)

Mar 04
This Insider Has Just Sold Shares In Kumba Iron Ore Limited (JSE:KIO)

Is Kumba Iron Ore Limited (JSE:KIO) An Attractive Dividend Stock?

Mar 01
Is Kumba Iron Ore Limited (JSE:KIO) An Attractive Dividend Stock?

Have Insiders Been Selling Kumba Iron Ore Limited (JSE:KIO) Shares?

Feb 11
Have Insiders Been Selling Kumba Iron Ore Limited (JSE:KIO) Shares?

Does Kumba Iron Ore's (JSE:KIO) Statutory Profit Adequately Reflect Its Underlying Profit?

Jan 16
Does Kumba Iron Ore's (JSE:KIO) Statutory Profit Adequately Reflect Its Underlying Profit?

Kumba Iron Ore Limited's (JSE:KIO) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Dec 29
Kumba Iron Ore Limited's (JSE:KIO) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Financial 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.


Balance Sheet


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