Wesizwe Platinum Balance Sheet Health
Financial Health criteria checks 0/6
Wesizwe Platinum has a total shareholder equity of ZAR4.1B and total debt of ZAR20.8B, which brings its debt-to-equity ratio to 502.6%. Its total assets and total liabilities are ZAR25.8B and ZAR21.7B respectively.
Key information
502.6%
Debt to equity ratio
R20.81b
Debt
Interest coverage ratio | n/a |
Cash | R105.56m |
Equity | R4.14b |
Total liabilities | R21.67b |
Total assets | R25.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WEZ's short term assets (ZAR1.6B) do not cover its short term liabilities (ZAR4.4B).
Long Term Liabilities: WEZ's short term assets (ZAR1.6B) do not cover its long term liabilities (ZAR17.3B).
Debt to Equity History and Analysis
Debt Level: WEZ's net debt to equity ratio (500.1%) is considered high.
Reducing Debt: WEZ's debt to equity ratio has increased from 252.1% to 502.6% over the past 5 years.
Debt Coverage: WEZ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if WEZ's interest payments on its debt are well covered by EBIT.