Sasol Balance Sheet Health
Financial Health criteria checks 3/6
Sasol has a total shareholder equity of ZAR147.4B and total debt of ZAR117.7B, which brings its debt-to-equity ratio to 79.8%. Its total assets and total liabilities are ZAR365.0B and ZAR217.6B respectively. Sasol's EBIT is ZAR44.7B making its interest coverage ratio 6.4. It has cash and short-term investments of ZAR47.6B.
Key information
79.8%
Debt to equity ratio
R117.72b
Debt
| Interest coverage ratio | 6.4x |
| Cash | R47.56b |
| Equity | R147.43b |
| Total liabilities | R217.55b |
| Total assets | R364.98b |
Recent financial health updates
Is Sasol (JSE:SOL) A Risky Investment?
Oct 24
Sasol (JSE:SOL) Use Of Debt Could Be Considered Risky
Jun 19Does Sasol (JSE:SOL) Have A Healthy Balance Sheet?
Oct 04We Think Sasol (JSE:SOL) Can Stay On Top Of Its Debt
Jun 13Here's Why Sasol (JSE:SOL) Can Manage Its Debt Responsibly
Oct 31We Think Sasol (JSE:SOL) Can Stay On Top Of Its Debt
Apr 01Recent updates
Is Sasol (JSE:SOL) A Risky Investment?
Oct 24Sasol Limited's (JSE:SOL) Prospects Need A Boost To Lift Shares
Oct 03Returns At Sasol (JSE:SOL) Are On The Way Up
Sep 12Sasol Limited (JSE:SOL) Surges 25% Yet Its Low P/S Is No Reason For Excitement
Jul 04Sasol (JSE:SOL) Use Of Debt Could Be Considered Risky
Jun 19Sasol (JSE:SOL) Shareholders Will Want The ROCE Trajectory To Continue
May 29Improved Revenues Required Before Sasol Limited (JSE:SOL) Shares Find Their Feet
May 08Sasol (JSE:SOL) Shareholders Will Want The ROCE Trajectory To Continue
Feb 15Sasol Limited's (JSE:SOL) Price Is Right But Growth Is Lacking
Jan 19We Take A Look At Why Sasol Limited's (JSE:SOL) CEO Has Earned Their Pay Packet
Nov 11Sasol (JSE:SOL) Might Have The Makings Of A Multi-Bagger
Oct 25Does Sasol (JSE:SOL) Have A Healthy Balance Sheet?
Oct 04Sasol's (JSE:SOL) Dividend Will Be Reduced To ZAR10.00
Sep 09Sasol (JSE:SOL) Will Pay A Smaller Dividend Than Last Year
Aug 26Sasol (JSE:SOL) Is Experiencing Growth In Returns On Capital
Jul 10We Think Sasol (JSE:SOL) Can Stay On Top Of Its Debt
Jun 13If EPS Growth Is Important To You, Sasol (JSE:SOL) Presents An Opportunity
Jan 11Returns On Capital Are Showing Encouraging Signs At Sasol (JSE:SOL)
Dec 27Why We Think Sasol Limited's (JSE:SOL) CEO Compensation Is Not Excessive At All
Nov 26Here's Why Sasol (JSE:SOL) Can Manage Its Debt Responsibly
Oct 31Here's Why Sasol (JSE:SOL) Has Caught The Eye Of Investors
Oct 04Sasol Limited's (JSE:SOL) Prospects Need A Boost To Lift Shares
Sep 07Newsflash: Sasol Limited (JSE:SOL) Analysts Have Been Trimming Their Revenue Forecasts
Aug 25Sasol's (JSE:SOL) Returns Have Hit A Wall
Jul 25An Intrinsic Calculation For Sasol Limited (JSE:SOL) Suggests It's 22% Undervalued
Jul 04Investors Met With Slowing Returns on Capital At Sasol (JSE:SOL)
Apr 19We Think Sasol (JSE:SOL) Can Stay On Top Of Its Debt
Apr 01Results: Sasol Limited Exceeded Expectations And The Consensus Has Updated Its Estimates
Feb 23Financial Position Analysis
Short Term Liabilities: SOL's short term assets (ZAR126.7B) exceed its short term liabilities (ZAR54.5B).
Long Term Liabilities: SOL's short term assets (ZAR126.7B) do not cover its long term liabilities (ZAR163.1B).
Debt to Equity History and Analysis
Debt Level: SOL's net debt to equity ratio (47.6%) is considered high.
Reducing Debt: SOL's debt to equity ratio has increased from 58.5% to 79.8% over the past 5 years.
Debt Coverage: SOL's debt is well covered by operating cash flow (31.8%).
Interest Coverage: SOL's interest payments on its debt are well covered by EBIT (6.4x coverage).