Transpaco Balance Sheet Health
Financial Health criteria checks 6/6
Transpaco has a total shareholder equity of ZAR891.2M and total debt of ZAR121.6M, which brings its debt-to-equity ratio to 13.6%. Its total assets and total liabilities are ZAR1.4B and ZAR537.5M respectively. Transpaco's EBIT is ZAR234.8M making its interest coverage ratio 23.5. It has cash and short-term investments of ZAR73.1M.
Key information
13.6%
Debt to equity ratio
R121.64m
Debt
Interest coverage ratio | 23.5x |
Cash | R73.08m |
Equity | R891.20m |
Total liabilities | R537.48m |
Total assets | R1.43b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: TPC's short term assets (ZAR819.7M) exceed its short term liabilities (ZAR383.9M).
Long Term Liabilities: TPC's short term assets (ZAR819.7M) exceed its long term liabilities (ZAR153.6M).
Debt to Equity History and Analysis
Debt Level: TPC's net debt to equity ratio (5.4%) is considered satisfactory.
Reducing Debt: TPC's debt to equity ratio has reduced from 24.3% to 13.6% over the past 5 years.
Debt Coverage: TPC's debt is well covered by operating cash flow (213.1%).
Interest Coverage: TPC's interest payments on its debt are well covered by EBIT (23.5x coverage).