Lewis Group Balance Sheet Health
Financial Health criteria checks 5/6
Lewis Group has a total shareholder equity of ZAR4.6B and total debt of ZAR862.1M, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are ZAR7.6B and ZAR3.0B respectively. Lewis Group's EBIT is ZAR703.4M making its interest coverage ratio 8.4. It has cash and short-term investments of ZAR403.1M.
Key information
18.8%
Debt to equity ratio
R862.10m
Debt
Interest coverage ratio | 8.4x |
Cash | R403.10m |
Equity | R4.60b |
Total liabilities | R3.03b |
Total assets | R7.62b |
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 (ZAR2.2B).
Long Term Liabilities: LEW's short term assets (ZAR5.8B) exceed its long term liabilities (ZAR826.9M).
Debt to Equity History and Analysis
Debt Level: LEW's net debt to equity ratio (10%) is considered satisfactory.
Reducing Debt: LEW's debt to equity ratio has increased from 10.4% to 18.8% over the past 5 years.
Debt Coverage: LEW's debt is well covered by operating cash flow (60.2%).
Interest Coverage: LEW's interest payments on its debt are well covered by EBIT (8.4x coverage).