Dairibord Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Dairibord Holdings has a total shareholder equity of ZWL179.6B and total debt of ZWL37.2B, which brings its debt-to-equity ratio to 20.7%. Its total assets and total liabilities are ZWL335.6B and ZWL156.0B respectively. Dairibord Holdings's EBIT is ZWL44.0B making its interest coverage ratio 0.6. It has cash and short-term investments of ZWL11.1B.
Key information
20.7%
Debt to equity ratio
Z$37.16b
Debt
| Interest coverage ratio | 0.6x |
| Cash | Z$11.09b |
| Equity | Z$179.61b |
| Total liabilities | Z$155.99b |
| Total assets | Z$335.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DZL's short term assets (ZWL160.3B) exceed its short term liabilities (ZWL127.3B).
Long Term Liabilities: DZL's short term assets (ZWL160.3B) exceed its long term liabilities (ZWL28.7B).
Debt to Equity History and Analysis
Debt Level: DZL's net debt to equity ratio (14.5%) is considered satisfactory.
Reducing Debt: DZL's debt to equity ratio has increased from 8.1% to 20.7% over the past 5 years.
Debt Coverage: DZL's debt is well covered by operating cash flow (31.7%).
Interest Coverage: DZL's interest payments on its debt are not well covered by EBIT (0.6x coverage).