Truworths International Balance Sheet Health
Financial Health criteria checks 5/6
Truworths International has a total shareholder equity of ZAR8.7B and total debt of ZAR2.3B, which brings its debt-to-equity ratio to 26.7%. Its total assets and total liabilities are ZAR17.6B and ZAR8.9B respectively. Truworths International's EBIT is ZAR3.5B making its interest coverage ratio -3.7. It has cash and short-term investments of ZAR2.2B.
Key information
26.7%
Debt to equity ratio
R2.32b
Debt
Interest coverage ratio | -3.7x |
Cash | R2.20b |
Equity | R8.71b |
Total liabilities | R8.91b |
Total assets | R17.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRU's short term assets (ZAR10.5B) exceed its short term liabilities (ZAR5.4B).
Long Term Liabilities: TRU's short term assets (ZAR10.5B) exceed its long term liabilities (ZAR3.5B).
Debt to Equity History and Analysis
Debt Level: TRU's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: TRU's debt to equity ratio has increased from 12.4% to 26.7% over the past 5 years.
Debt Coverage: TRU's debt is well covered by operating cash flow (198.1%).
Interest Coverage: TRU earns more interest than it pays, so coverage of interest payments is not a concern.