Zambia Sugar Balance Sheet Health
Financial Health criteria checks 6/6
Zambia Sugar has a total shareholder equity of ZMW4.0B and total debt of ZMW39.1M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ZMW5.6B and ZMW1.6B respectively. Zambia Sugar's EBIT is ZMW1.2B making its interest coverage ratio 31.5. It has cash and short-term investments of ZMW877.9M.
Key information
1.0%
Debt to equity ratio
K39.06m
Debt
Interest coverage ratio | 31.5x |
Cash | K877.92m |
Equity | K3.95b |
Total liabilities | K1.64b |
Total assets | K5.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZSUG's short term assets (ZMW3.3B) exceed its short term liabilities (ZMW1.2B).
Long Term Liabilities: ZSUG's short term assets (ZMW3.3B) exceed its long term liabilities (ZMW412.9M).
Debt to Equity History and Analysis
Debt Level: ZSUG has more cash than its total debt.
Reducing Debt: ZSUG's debt to equity ratio has reduced from 142.1% to 1% over the past 5 years.
Debt Coverage: ZSUG's debt is well covered by operating cash flow (3649.7%).
Interest Coverage: ZSUG's interest payments on its debt are well covered by EBIT (31.5x coverage).