Fairvest Balance Sheet Health
Financial Health criteria checks 0/6
Fairvest has a total shareholder equity of ZAR7.7B and total debt of ZAR4.3B, which brings its debt-to-equity ratio to 55%. Its total assets and total liabilities are ZAR12.6B and ZAR4.9B respectively. Fairvest's EBIT is ZAR1.0B making its interest coverage ratio 2.5. It has cash and short-term investments of ZAR118.5M.
Key information
55.0%
Debt to equity ratio
R4.26b
Debt
Interest coverage ratio | 2.5x |
Cash | R118.51m |
Equity | R7.75b |
Total liabilities | R4.89b |
Total assets | R12.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FTA's short term assets (ZAR679.8M) do not cover its short term liabilities (ZAR964.9M).
Long Term Liabilities: FTA's short term assets (ZAR679.8M) do not cover its long term liabilities (ZAR3.9B).
Debt to Equity History and Analysis
Debt Level: FTA's net debt to equity ratio (53.4%) is considered high.
Reducing Debt: FTA's debt to equity ratio has increased from 40.1% to 55% over the past 5 years.
Debt Coverage: FTA's debt is not well covered by operating cash flow (17.7%).
Interest Coverage: FTA's interest payments on its debt are not well covered by EBIT (2.5x coverage).