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GetBucks Microfinance Bank Balance Sheet Health
Financial Health criteria checks 2/6
GetBucks Microfinance Bank has a total shareholder equity of ZWL1.5B and total debt of ZWL1.4B, which brings its debt-to-equity ratio to 92%. Its total assets and total liabilities are ZWL4.1B and ZWL2.6B respectively.
Key information
92.0%
Debt to equity ratio
Z$1.40b
Debt
Interest coverage ratio | n/a |
Cash | Z$549.42m |
Equity | Z$1.53b |
Total liabilities | Z$2.62b |
Total assets | Z$4.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GBZW's short term assets (ZWL2.2B) exceed its short term liabilities (ZWL2.2B).
Long Term Liabilities: GBZW's short term assets (ZWL2.2B) exceed its long term liabilities (ZWL415.0M).
Debt to Equity History and Analysis
Debt Level: GBZW's net debt to equity ratio (56%) is considered high.
Reducing Debt: GBZW's debt to equity ratio has increased from 47.7% to 92% over the past 5 years.
Debt Coverage: GBZW's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if GBZW's interest payments on its debt are well covered by EBIT.