Fairvest Balance Sheet Health
Financial Health criteria checks 0/6
Fairvest has a total shareholder equity of ZAR7.7B and total debt of ZAR4.1B, which brings its debt-to-equity ratio to 52.5%. Its total assets and total liabilities are ZAR12.5B and ZAR4.7B respectively. Fairvest's EBIT is ZAR1.0B making its interest coverage ratio 2.6. It has cash and short-term investments of ZAR116.8M.
Key information
52.5%
Debt to equity ratio
R4.06b
Debt
| Interest coverage ratio | 2.6x |
| Cash | R116.76m |
| Equity | R7.74b |
| Total liabilities | R4.75b |
| Total assets | R12.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FTA's short term assets (ZAR394.9M) do not cover its short term liabilities (ZAR1.3B).
Long Term Liabilities: FTA's short term assets (ZAR394.9M) do not cover its long term liabilities (ZAR3.4B).
Debt to Equity History and Analysis
Debt Level: FTA's net debt to equity ratio (50.9%) is considered high.
Reducing Debt: FTA's debt to equity ratio has increased from 40.9% to 52.5% over the past 5 years.
Debt Coverage: FTA's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: FTA's interest payments on its debt are not well covered by EBIT (2.6x coverage).