Zambia Forestry and Forest Industries Balance Sheet Health
Financial Health criteria checks 5/6
Zambia Forestry and Forest Industries has a total shareholder equity of ZMW6.7B and total debt of ZMW0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ZMW7.6B and ZMW834.2M respectively. Zambia Forestry and Forest Industries's EBIT is ZMW1.3B making its interest coverage ratio 337.2. It has cash and short-term investments of ZMW40.5M.
Key information
0%
Debt to equity ratio
K0
Debt
| Interest coverage ratio | 337.2x |
| Cash | K40.48m |
| Equity | K6.75b |
| Total liabilities | K834.20m |
| Total assets | K7.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZFCO's short term assets (ZMW158.1M) exceed its short term liabilities (ZMW90.1M).
Long Term Liabilities: ZFCO's short term assets (ZMW158.1M) do not cover its long term liabilities (ZMW744.1M).
Debt to Equity History and Analysis
Debt Level: ZFCO is debt free.
Reducing Debt: ZFCO has not had any debt for past 5 years.
Debt Coverage: ZFCO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ZFCO has no debt, therefore coverage of interest payments is not a concern.