Dipula Income Fund Balance Sheet Health
Financial Health criteria checks 1/6
Dipula Income Fund has a total shareholder equity of ZAR6.2B and total debt of ZAR3.6B, which brings its debt-to-equity ratio to 56.8%. Its total assets and total liabilities are ZAR10.1B and ZAR3.9B respectively. Dipula Income Fund's EBIT is ZAR848.8M making its interest coverage ratio 2.7. It has cash and short-term investments of ZAR61.6M.
Key information
56.8%
Debt to equity ratio
R3.55b
Debt
Interest coverage ratio | 2.7x |
Cash | R61.55m |
Equity | R6.25b |
Total liabilities | R3.86b |
Total assets | R10.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: DIB's short term assets (ZAR285.7M) do not cover its short term liabilities (ZAR1.6B).
Long Term Liabilities: DIB's short term assets (ZAR285.7M) do not cover its long term liabilities (ZAR2.2B).
Debt to Equity History and Analysis
Debt Level: DIB's net debt to equity ratio (55.8%) is considered high.
Reducing Debt: DIB's debt to equity ratio has reduced from 65.9% to 56.8% over the past 5 years.
Debt Coverage: DIB's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: DIB's interest payments on its debt are not well covered by EBIT (2.7x coverage).