Super Group Balance Sheet Health
Financial Health criteria checks 3/6
Super Group has a total shareholder equity of ZAR18.3B and total debt of ZAR33.8B, which brings its debt-to-equity ratio to 184.8%. Its total assets and total liabilities are ZAR76.9B and ZAR58.6B respectively. Super Group's EBIT is ZAR3.8B making its interest coverage ratio 3.1. It has cash and short-term investments of ZAR9.1B.
Key information
184.8%
Debt to equity ratio
R33.83b
Debt
| Interest coverage ratio | 3.1x |
| Cash | R9.10b |
| Equity | R18.31b |
| Total liabilities | R58.59b |
| Total assets | R76.90b |
Financial Position Analysis
Short Term Liabilities: SPG's short term assets (ZAR32.8B) exceed its short term liabilities (ZAR27.7B).
Long Term Liabilities: SPG's short term assets (ZAR32.8B) exceed its long term liabilities (ZAR30.8B).
Debt to Equity History and Analysis
Debt Level: SPG's net debt to equity ratio (135.1%) is considered high.
Reducing Debt: SPG's debt to equity ratio has increased from 52.7% to 184.8% over the past 5 years.
Debt Coverage: SPG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SPG's interest payments on its debt are well covered by EBIT (3.1x coverage).