Sasol Balance Sheet Health
Financial Health criteria checks 3/6
Sasol has a total shareholder equity of ZAR202.0B and total debt of ZAR126.1B, which brings its debt-to-equity ratio to 62.4%. Its total assets and total liabilities are ZAR427.1B and ZAR225.1B respectively. Sasol's EBIT is ZAR44.5B making its interest coverage ratio 6.5. It has cash and short-term investments of ZAR39.3B.
Key information
62.4%
Debt to equity ratio
R126.12b
Debt
Interest coverage ratio | 6.5x |
Cash | R39.27b |
Equity | R202.03b |
Total liabilities | R225.11b |
Total assets | R427.14b |
Recent financial health updates
Does 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
Sasol (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 23Is Sasol Limited (JSE:SOL) Trading At A 43% Discount?
Jan 26Financial Position Analysis
Short Term Liabilities: SOL's short term assets (ZAR126.9B) exceed its short term liabilities (ZAR82.5B).
Long Term Liabilities: SOL's short term assets (ZAR126.9B) do not cover its long term liabilities (ZAR142.6B).
Debt to Equity History and Analysis
Debt Level: SOL's net debt to equity ratio (43%) is considered high.
Reducing Debt: SOL's debt to equity ratio has increased from 51.3% to 62.4% over the past 5 years.
Debt Coverage: SOL's debt is well covered by operating cash flow (35.4%).
Interest Coverage: SOL's interest payments on its debt are well covered by EBIT (6.5x coverage).