Octodec Investments Balance Sheet Health
Financial Health criteria checks 0/6
Octodec Investments has a total shareholder equity of ZAR6.6B and total debt of ZAR4.3B, which brings its debt-to-equity ratio to 66.3%. Its total assets and total liabilities are ZAR11.5B and ZAR4.9B respectively. Octodec Investments's EBIT is ZAR812.5M making its interest coverage ratio 2.2. It has cash and short-term investments of ZAR172.1M.
Key information
66.3%
Debt to equity ratio
R4.35b
Debt
Interest coverage ratio | 2.2x |
Cash | R172.06m |
Equity | R6.56b |
Total liabilities | R4.93b |
Total assets | R11.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OCT's short term assets (ZAR393.6M) do not cover its short term liabilities (ZAR696.4M).
Long Term Liabilities: OCT's short term assets (ZAR393.6M) do not cover its long term liabilities (ZAR4.2B).
Debt to Equity History and Analysis
Debt Level: OCT's net debt to equity ratio (63.6%) is considered high.
Reducing Debt: OCT's debt to equity ratio has increased from 62.2% to 66.3% over the past 5 years.
Debt Coverage: OCT's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: OCT's interest payments on its debt are not well covered by EBIT (2.2x coverage).