Zeda Balance Sheet Health
Financial Health criteria checks 2/6
Zeda has a total shareholder equity of ZAR2.4B and total debt of ZAR5.7B, which brings its debt-to-equity ratio to 235.8%. Its total assets and total liabilities are ZAR12.8B and ZAR10.4B respectively. Zeda's EBIT is ZAR1.6B making its interest coverage ratio 2.6. It has cash and short-term investments of ZAR842.3M.
Key information
235.8%
Debt to equity ratio
R5.67b
Debt
| Interest coverage ratio | 2.6x |
| Cash | R842.33m |
| Equity | R2.40b |
| Total liabilities | R10.41b |
| Total assets | R12.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZZD's short term assets (ZAR8.0B) exceed its short term liabilities (ZAR7.4B).
Long Term Liabilities: ZZD's short term assets (ZAR8.0B) exceed its long term liabilities (ZAR3.1B).
Debt to Equity History and Analysis
Debt Level: ZZD's net debt to equity ratio (200.8%) 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 operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ZZD's interest payments on its debt are not well covered by EBIT (2.6x coverage).