Metal Fabricators of Zambia Balance Sheet Health
Financial Health criteria checks 6/6
Metal Fabricators of Zambia has a total shareholder equity of ZMW238.7M and total debt of ZMW37.7M, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are ZMW919.0M and ZMW680.3M respectively. Metal Fabricators of Zambia's EBIT is ZMW159.5M making its interest coverage ratio 4.2. It has cash and short-term investments of ZMW204.9M.
Key information
15.8%
Debt to equity ratio
K37.74m
Debt
| Interest coverage ratio | 4.2x |
| Cash | K204.89m |
| Equity | K238.71m |
| Total liabilities | K680.27m |
| Total assets | K918.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZAMEFA's short term assets (ZMW775.5M) exceed its short term liabilities (ZMW671.9M).
Long Term Liabilities: ZAMEFA's short term assets (ZMW775.5M) exceed its long term liabilities (ZMW8.4M).
Debt to Equity History and Analysis
Debt Level: ZAMEFA has more cash than its total debt.
Reducing Debt: ZAMEFA's debt to equity ratio has reduced from 2711.4% to 15.8% over the past 5 years.
Debt Coverage: ZAMEFA's debt is well covered by operating cash flow (392.2%).
Interest Coverage: ZAMEFA's interest payments on its debt are well covered by EBIT (4.2x coverage).