Adcock Ingram Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Adcock Ingram Holdings has a total shareholder equity of ZAR5.5B and total debt of ZAR182.3M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are ZAR8.3B and ZAR2.9B respectively. Adcock Ingram Holdings's EBIT is ZAR1.1B making its interest coverage ratio 17.7. It has cash and short-term investments of ZAR107.1M.
Key information
3.3%
Debt to equity ratio
R182.29m
Debt
Interest coverage ratio | 17.7x |
Cash | R107.14m |
Equity | R5.48b |
Total liabilities | R2.85b |
Total assets | R8.33b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AIP's short term assets (ZAR4.7B) exceed its short term liabilities (ZAR2.4B).
Long Term Liabilities: AIP's short term assets (ZAR4.7B) exceed its long term liabilities (ZAR408.4M).
Debt to Equity History and Analysis
Debt Level: AIP's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: AIP's debt to equity ratio has reduced from 8.7% to 3.3% over the past 5 years.
Debt Coverage: AIP's debt is well covered by operating cash flow (534.7%).
Interest Coverage: AIP's interest payments on its debt are well covered by EBIT (17.7x coverage).