Foschini Group Balance Sheet Health

Financial Health criteria checks 6/6

Foschini Group has a total shareholder equity of ZAR22.7B and total debt of ZAR10.6B, which brings its debt-to-equity ratio to 46.7%. Its total assets and total liabilities are ZAR52.7B and ZAR30.0B respectively. Foschini Group's EBIT is ZAR5.5B making its interest coverage ratio 3.2. It has cash and short-term investments of ZAR2.9B.

Key information

46.7%

Debt to equity ratio

R10.63b

Debt

Interest coverage ratio3.2x
CashR2.87b
EquityR22.75b
Total liabilitiesR29.99b
Total assetsR52.74b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TFG's short term assets (ZAR25.0B) exceed its short term liabilities (ZAR13.7B).

Long Term Liabilities: TFG's short term assets (ZAR25.0B) exceed its long term liabilities (ZAR16.3B).


Debt to Equity History and Analysis

Debt Level: TFG's net debt to equity ratio (34.1%) is considered satisfactory.

Reducing Debt: TFG's debt to equity ratio has reduced from 71.3% to 46.7% over the past 5 years.

Debt Coverage: TFG's debt is well covered by operating cash flow (70%).

Interest Coverage: TFG's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet


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