TSL Balance Sheet Health
Financial Health criteria checks 4/6
TSL has a total shareholder equity of ZWL292.7B and total debt of ZWL62.3B, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are ZWL441.8B and ZWL149.1B respectively. TSL's EBIT is ZWL33.0B making its interest coverage ratio 10.9. It has cash and short-term investments of ZWL24.0B.
Key information
21.3%
Debt to equity ratio
Z$62.26b
Debt
Interest coverage ratio | 10.9x |
Cash | Z$24.02b |
Equity | Z$292.74b |
Total liabilities | Z$149.06b |
Total assets | Z$441.80b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: TSL's short term assets (ZWL130.3B) exceed its short term liabilities (ZWL90.3B).
Long Term Liabilities: TSL's short term assets (ZWL130.3B) exceed its long term liabilities (ZWL58.7B).
Debt to Equity History and Analysis
Debt Level: TSL's net debt to equity ratio (13.1%) is considered satisfactory.
Reducing Debt: TSL's debt to equity ratio has increased from 13.4% to 21.3% over the past 5 years.
Debt Coverage: TSL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TSL's interest payments on its debt are well covered by EBIT (10.9x coverage).