Lewis Group Balance Sheet Health
Financial Health criteria checks 5/6
Lewis Group has a total shareholder equity of ZAR4.7B and total debt of ZAR775.6M, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are ZAR7.5B and ZAR2.8B respectively. Lewis Group's EBIT is ZAR754.9M making its interest coverage ratio 7.5. It has cash and short-term investments of ZAR359.2M.
Key information
16.5%
Debt to equity ratio
R775.60m
Debt
| Interest coverage ratio | 7.5x |
| Cash | R359.20m |
| Equity | R4.70b |
| Total liabilities | R2.83b |
| Total assets | R7.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LEW's short term assets (ZAR5.8B) exceed its short term liabilities (ZAR1.6B).
Long Term Liabilities: LEW's short term assets (ZAR5.8B) exceed its long term liabilities (ZAR1.2B).
Debt to Equity History and Analysis
Debt Level: LEW's net debt to equity ratio (8.9%) is considered satisfactory.
Reducing Debt: LEW's debt to equity ratio has increased from 0% to 16.5% over the past 5 years.
Debt Coverage: LEW's debt is well covered by operating cash flow (59.1%).
Interest Coverage: LEW's interest payments on its debt are well covered by EBIT (7.5x coverage).