Real Estate Investments Zambia Balance Sheet Health
Financial Health criteria checks 1/6
Real Estate Investments Zambia has a total shareholder equity of ZMW681.2M and total debt of ZMW137.5M, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are ZMW910.8M and ZMW229.6M respectively. Real Estate Investments Zambia's EBIT is ZMW28.5M making its interest coverage ratio 1. It has cash and short-term investments of ZMW12.4M.
Key information
20.2%
Debt to equity ratio
K137.47m
Debt
| Interest coverage ratio | 1x |
| Cash | K12.42m |
| Equity | K681.22m |
| Total liabilities | K229.59m |
| Total assets | K910.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REIZ's short term assets (ZMW29.6M) do not cover its short term liabilities (ZMW60.6M).
Long Term Liabilities: REIZ's short term assets (ZMW29.6M) do not cover its long term liabilities (ZMW169.0M).
Debt to Equity History and Analysis
Debt Level: REIZ's net debt to equity ratio (18.4%) is considered satisfactory.
Reducing Debt: REIZ's debt to equity ratio has increased from 18.8% to 20.2% over the past 5 years.
Debt Coverage: REIZ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: REIZ's interest payments on its debt are not well covered by EBIT (1x coverage).