Merafe Resources Balance Sheet Health
Financial Health criteria checks 6/6
Merafe Resources has a total shareholder equity of ZAR5.4B and total debt of ZAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ZAR6.8B and ZAR1.4B respectively. Merafe Resources's EBIT is ZAR1.6B making its interest coverage ratio -215.9. It has cash and short-term investments of ZAR1.7B.
Key information
0%
Debt to equity ratio
R0
Debt
| Interest coverage ratio | -215.9x |
| Cash | R1.72b |
| Equity | R5.43b |
| Total liabilities | R1.40b |
| Total assets | R6.83b |
Recent financial health updates
No updates
Recent updates
Merafe Resources Limited's (JSE:MRF) Shares Bounce 27% But Its Business Still Trails The Market
Mar 30
We Think That There Are Issues Underlying Merafe Resources' (JSE:MRF) Earnings
Aug 17Should Shareholders Reconsider Merafe Resources Limited's (JSE:MRF) CEO Compensation Package?
May 11What Type Of Returns Would Merafe Resources'(JSE:MRF) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Mar 03What Type Of Shareholders Make Up Merafe Resources Limited's (JSE:MRF) Share Registry?
Feb 05
Should You Buy Merafe Resources Limited (JSE:MRF) For Its Dividend?
Dec 27Read This Before Selling Merafe Resources Limited (JSE:MRF) Shares
Nov 30Financial Position Analysis
Short Term Liabilities: MRF's short term assets (ZAR5.3B) exceed its short term liabilities (ZAR911.6M).
Long Term Liabilities: MRF's short term assets (ZAR5.3B) exceed its long term liabilities (ZAR487.8M).
Debt to Equity History and Analysis
Debt Level: MRF is debt free.
Reducing Debt: MRF has no debt compared to 5 years ago when its debt to equity ratio was 0.08%.
Debt Coverage: MRF has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MRF has no debt, therefore 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 01:31 |
| 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
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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
Merafe Resources Limited is covered by 7 analysts. 1 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 |
|---|---|
| Andrew Snowdowne | BofA Global Research |
| J. Clark | Deutsche Bank |
| Anshul Gadia | HSBC |