Zeda Balance Sheet Health
Financial Health criteria checks 2/6
Zeda has a total shareholder equity of ZAR2.7B and total debt of ZAR6.1B, which brings its debt-to-equity ratio to 225.7%. Its total assets and total liabilities are ZAR13.0B and ZAR10.2B respectively. Zeda's EBIT is ZAR1.6B making its interest coverage ratio 2.4. It has cash and short-term investments of ZAR958.1M.
Key information
225.7%
Debt to equity ratio
R6.15b
Debt
| Interest coverage ratio | 2.4x |
| Cash | R958.13m |
| Equity | R2.72b |
| Total liabilities | R10.24b |
| Total assets | R12.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZZD's short term assets (ZAR7.8B) exceed its short term liabilities (ZAR6.4B).
Long Term Liabilities: ZZD's short term assets (ZAR7.8B) exceed its long term liabilities (ZAR3.9B).
Debt to Equity History and Analysis
Debt Level: ZZD's net debt to equity ratio (190.5%) is considered high.
Reducing Debt: Insufficient data to determine if ZZD's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ZZD's debt is not well covered by operating cash flow (0.7%).
Interest Coverage: ZZD's interest payments on its debt are not well covered by EBIT (2.4x coverage).