Metal Fabricators of Zambia Balance Sheet Health
Financial Health criteria checks 6/6
Metal Fabricators of Zambia has a total shareholder equity of ZMW206.0M and total debt of ZMW0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ZMW826.0M and ZMW620.1M respectively. Metal Fabricators of Zambia's EBIT is ZMW113.2M making its interest coverage ratio 3.5. It has cash and short-term investments of ZMW203.4M.
Key information
0%
Debt to equity ratio
K0
Debt
Interest coverage ratio | 3.5x |
Cash | K203.37m |
Equity | K205.95m |
Total liabilities | K620.05m |
Total assets | K826.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZAMEFA's short term assets (ZMW684.1M) exceed its short term liabilities (ZMW617.6M).
Long Term Liabilities: ZAMEFA's short term assets (ZMW684.1M) exceed its long term liabilities (ZMW2.5M).
Debt to Equity History and Analysis
Debt Level: ZAMEFA is debt free.
Reducing Debt: ZAMEFA has no debt compared to 5 years ago when its debt to equity ratio was 1969.2%.
Debt Coverage: ZAMEFA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ZAMEFA has no debt, therefore coverage of interest payments is not a concern.