Octodec Investments Balance Sheet Health
Financial Health criteria checks 0/6
Octodec Investments has a total shareholder equity of ZAR6.5B and total debt of ZAR4.4B, which brings its debt-to-equity ratio to 67.8%. Its total assets and total liabilities are ZAR11.4B and ZAR5.0B respectively. Octodec Investments's EBIT is ZAR810.8M making its interest coverage ratio 2. It has cash and short-term investments of ZAR77.5M.
Key information
67.8%
Debt to equity ratio
R4.38b
Debt
| Interest coverage ratio | 2x |
| Cash | R77.47m |
| Equity | R6.46b |
| Total liabilities | R4.96b |
| Total assets | R11.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OCT's short term assets (ZAR335.9M) do not cover its short term liabilities (ZAR607.3M).
Long Term Liabilities: OCT's short term assets (ZAR335.9M) do not cover its long term liabilities (ZAR4.4B).
Debt to Equity History and Analysis
Debt Level: OCT's net debt to equity ratio (66.6%) is considered high.
Reducing Debt: OCT's debt to equity ratio has increased from 64.6% to 67.8% over the past 5 years.
Debt Coverage: OCT's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: OCT's interest payments on its debt are not well covered by EBIT (2x coverage).