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Simbisa Brands Balance Sheet Health
Financial Health criteria checks 4/6
Key information
19.1%
Debt to equity ratio
Z$4.92b
Debt
Interest coverage ratio | 1.5x |
Cash | Z$6.09b |
Equity | Z$25.71b |
Total liabilities | Z$44.72b |
Total assets | Z$70.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SIM's short term assets (ZWL21.0B) do not cover its short term liabilities (ZWL29.5B).
Long Term Liabilities: SIM's short term assets (ZWL21.0B) exceed its long term liabilities (ZWL15.2B).
Debt to Equity History and Analysis
Debt Level: SIM has more cash than its total debt.
Reducing Debt: SIM's debt to equity ratio has reduced from 63.4% to 19.1% over the past 5 years.
Debt Coverage: SIM's debt is well covered by operating cash flow (369.9%).
Interest Coverage: SIM's interest payments on its debt are not well covered by EBIT (1.5x coverage).