Truworths International Balance Sheet Health
Financial Health criteria checks 5/6
Truworths International has a total shareholder equity of ZAR9.5B and total debt of ZAR2.6B, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are ZAR18.7B and ZAR9.1B respectively. Truworths International's EBIT is ZAR3.1B making its interest coverage ratio -3.3. It has cash and short-term investments of ZAR801.0M.
Key information
27.1%
Debt to equity ratio
R2.58b
Debt
| Interest coverage ratio | -3.3x |
| Cash | R801.00m |
| Equity | R9.51b |
| Total liabilities | R9.15b |
| Total assets | R18.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRU's short term assets (ZAR10.1B) exceed its short term liabilities (ZAR5.4B).
Long Term Liabilities: TRU's short term assets (ZAR10.1B) exceed its long term liabilities (ZAR3.8B).
Debt to Equity History and Analysis
Debt Level: TRU's net debt to equity ratio (18.7%) is considered satisfactory.
Reducing Debt: TRU's debt to equity ratio has increased from 17.2% to 27.1% over the past 5 years.
Debt Coverage: TRU's debt is well covered by operating cash flow (178.8%).
Interest Coverage: TRU earns more interest than it pays, so coverage of interest payments is not a concern.