Amalgamated Regional Trading Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Amalgamated Regional Trading Holdings has a total shareholder equity of ZWL143.1B and total debt of ZWL44.4B, which brings its debt-to-equity ratio to 31%. Its total assets and total liabilities are ZWL292.0B and ZWL148.9B respectively. Amalgamated Regional Trading Holdings's EBIT is ZWL13.5B making its interest coverage ratio 2.4. It has cash and short-term investments of ZWL1.3B.
Key information
31.0%
Debt to equity ratio
Z$44.42b
Debt
Interest coverage ratio | 2.4x |
Cash | Z$1.29b |
Equity | Z$143.09b |
Total liabilities | Z$148.87b |
Total assets | Z$291.95b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: ARTD's short term assets (ZWL75.1B) do not cover its short term liabilities (ZWL77.7B).
Long Term Liabilities: ARTD's short term assets (ZWL75.1B) exceed its long term liabilities (ZWL71.2B).
Debt to Equity History and Analysis
Debt Level: ARTD's net debt to equity ratio (30.1%) is considered satisfactory.
Reducing Debt: ARTD's debt to equity ratio has increased from 28.6% to 31% over the past 5 years.
Debt Coverage: ARTD's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: ARTD's interest payments on its debt are not well covered by EBIT (2.4x coverage).