African Media Entertainment Balance Sheet Health
Financial Health criteria checks 6/6
African Media Entertainment has a total shareholder equity of ZAR254.5M and total debt of ZAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ZAR339.3M and ZAR84.7M respectively. African Media Entertainment's EBIT is ZAR52.3M making its interest coverage ratio -5.1. It has cash and short-term investments of ZAR57.1M.
Key information
0%
Debt to equity ratio
R0
Debt
| Interest coverage ratio | -5.1x |
| Cash | R57.08m |
| Equity | R254.55m |
| Total liabilities | R84.73m |
| Total assets | R339.28m |
Recent financial health updates
No updates
Recent updates
Market Might Still Lack Some Conviction On African Media Entertainment Limited (JSE:AME) Even After 27% Share Price Boost
Mar 28
Here's Why African Media Entertainment (JSE:AME) Has Caught The Eye Of Investors
Mar 27Investors Aren't Entirely Convinced By African Media Entertainment Limited's (JSE:AME) Earnings
Jan 20Capital Allocation Trends At African Media Entertainment (JSE:AME) Aren't Ideal
Nov 09Here's Why We Think African Media Entertainment (JSE:AME) Is Well Worth Watching
Aug 15African Media Entertainment (JSE:AME) Is Paying Out A Larger Dividend Than Last Year
Jun 05African Media Entertainment's (JSE:AME) Returns On Capital Tell Us There Is Reason To Feel Uneasy
May 31African Media Entertainment (JSE:AME) Could Be Struggling To Allocate Capital
Nov 05African Media Entertainment (JSE:AME) Will Be Hoping To Turn Its Returns On Capital Around
Jun 04There Are Reasons To Feel Uneasy About African Media Entertainment's (JSE:AME) Returns On Capital
Feb 23Be Wary Of African Media Entertainment (JSE:AME) And Its Returns On Capital
Oct 04Returns On Capital At African Media Entertainment (JSE:AME) Paint A Concerning Picture
Jul 05Here's What To Make Of African Media Entertainment's (JSE:AME) Returns On Capital
Feb 16
Are African Media Entertainment's (JSE:AME) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 27Financial Position Analysis
Short Term Liabilities: AME's short term assets (ZAR132.7M) exceed its short term liabilities (ZAR76.8M).
Long Term Liabilities: AME's short term assets (ZAR132.7M) exceed its long term liabilities (ZAR7.9M).
Debt to Equity History and Analysis
Debt Level: AME is debt free.
Reducing Debt: AME has not had any debt for past 5 years.
Debt Coverage: AME has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AME has no debt, therefore coverage of interest payments is not a concern.