Blue Label Telecoms Balance Sheet Health
Financial Health criteria checks 4/6
Blue Label Telecoms has a total shareholder equity of ZAR5.1B and total debt of ZAR4.1B, which brings its debt-to-equity ratio to 79.7%. Its total assets and total liabilities are ZAR15.1B and ZAR10.0B respectively. Blue Label Telecoms's EBIT is ZAR678.0M making its interest coverage ratio -2.9. It has cash and short-term investments of ZAR896.9M.
Key information
79.7%
Debt to equity ratio
R4.08b
Debt
Interest coverage ratio | -2.9x |
Cash | R896.86m |
Equity | R5.11b |
Total liabilities | R10.03b |
Total assets | R15.14b |
Recent financial health updates
Here's Why Blue Label Telecoms (JSE:BLU) Is Weighed Down By Its Debt Load
Oct 11We Think Blue Label Telecoms (JSE:BLU) Is Taking Some Risk With Its Debt
Nov 28Recent updates
Here's Why Blue Label Telecoms (JSE:BLU) Is Weighed Down By Its Debt Load
Oct 11Blue Label Telecoms Limited (JSE:BLU) Stock Rockets 28% But Many Are Still Ignoring The Company
Mar 24We Think Blue Label Telecoms (JSE:BLU) Is Taking Some Risk With Its Debt
Nov 28Does Blue Label Telecoms (JSE:BLU) Deserve A Spot On Your Watchlist?
Feb 23It's Unlikely That Blue Label Telecoms Limited's (JSE:BLU) CEO Will See A Huge Pay Rise This Year
Nov 18Estimating The Intrinsic Value Of Blue Label Telecoms Limited (JSE:BLU)
Jul 08Improved Earnings Required Before Blue Label Telecoms Limited (JSE:BLU) Stock's 26% Jump Looks Justified
Mar 14Why Blue Label Telecoms' (JSE:BLU) Earnings Are Better Than They Seem
Mar 02Financial Position Analysis
Short Term Liabilities: BLU's short term assets (ZAR9.8B) exceed its short term liabilities (ZAR6.7B).
Long Term Liabilities: BLU's short term assets (ZAR9.8B) exceed its long term liabilities (ZAR3.4B).
Debt to Equity History and Analysis
Debt Level: BLU's net debt to equity ratio (62.2%) is considered high.
Reducing Debt: BLU's debt to equity ratio has reduced from 130.2% to 79.7% over the past 5 years.
Debt Coverage: BLU's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BLU earns more interest than it pays, so coverage of interest payments is not a concern.