Blue Label Telecoms Balance Sheet Health
Financial Health criteria checks 3/6
Blue Label Telecoms has a total shareholder equity of ZAR4.8B and total debt of ZAR4.1B, which brings its debt-to-equity ratio to 84%. Its total assets and total liabilities are ZAR14.5B and ZAR9.6B respectively. Blue Label Telecoms's EBIT is ZAR869.0M making its interest coverage ratio -17.5. It has cash and short-term investments of ZAR1.2B.
Key information
84.0%
Debt to equity ratio
R4.07b
Debt
Interest coverage ratio | -17.5x |
Cash | R1.17b |
Equity | R4.85b |
Total liabilities | R9.64b |
Total assets | R14.49b |
Recent financial health updates
Recent updates
Blue 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 (ZAR8.9B) exceed its short term liabilities (ZAR8.8B).
Long Term Liabilities: BLU's short term assets (ZAR8.9B) exceed its long term liabilities (ZAR802.0M).
Debt to Equity History and Analysis
Debt Level: BLU's net debt to equity ratio (59.9%) is considered high.
Reducing Debt: BLU's debt to equity ratio has increased from 40.1% to 84% 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.