African and Overseas Enterprises Balance Sheet Health
Financial Health criteria checks 2/6
African and Overseas Enterprises has a total shareholder equity of ZAR452.8M and total debt of ZAR394.8M, which brings its debt-to-equity ratio to 87.2%. Its total assets and total liabilities are ZAR1.1B and ZAR682.2M respectively. African and Overseas Enterprises's EBIT is ZAR44.9M making its interest coverage ratio 2.2. It has cash and short-term investments of ZAR48.3M.
Key information
87.2%
Debt to equity ratio
R394.82m
Debt
| Interest coverage ratio | 2.2x |
| Cash | R48.30m |
| Equity | R452.78m |
| Total liabilities | R682.23m |
| Total assets | R1.14b |
Recent financial health updates
Is African and Overseas Enterprises (JSE:AOO) Using Debt Sensibly?
Apr 05
Health Check: How Prudently Does African and Overseas Enterprises (JSE:AOO) Use Debt?
Dec 21Recent updates
African and Overseas Enterprises' (JSE:AOO) Anemic Earnings Might Be Worse Than You Think
Apr 03African and Overseas Enterprises' (JSE:AOO) Performance Is Even Better Than Its Earnings Suggest
Apr 07Is African and Overseas Enterprises (JSE:AOO) Using Debt Sensibly?
Apr 05Health Check: How Prudently Does African and Overseas Enterprises (JSE:AOO) Use Debt?
Dec 21Financial Position Analysis
Short Term Liabilities: AOO's short term assets (ZAR214.2M) exceed its short term liabilities (ZAR154.5M).
Long Term Liabilities: AOO's short term assets (ZAR214.2M) do not cover its long term liabilities (ZAR527.8M).
Debt to Equity History and Analysis
Debt Level: AOO's net debt to equity ratio (76.5%) is considered high.
Reducing Debt: AOO's debt to equity ratio has increased from 23.5% to 87.2% over the past 5 years.
Debt Coverage: AOO's debt is well covered by operating cash flow (28.7%).
Interest Coverage: AOO's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:19 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
African and Overseas Enterprises Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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