Seed Co Balance Sheet Health
Financial Health criteria checks 4/6
Seed Co has a total shareholder equity of ZWL396.4B and total debt of ZWL133.3B, which brings its debt-to-equity ratio to 33.6%. Its total assets and total liabilities are ZWL735.1B and ZWL338.7B respectively. Seed Co's EBIT is ZWL22.4B making its interest coverage ratio 3.1. It has cash and short-term investments of ZWL6.1B.
Key information
33.6%
Debt to equity ratio
Z$133.26b
Debt
Interest coverage ratio | 3.1x |
Cash | Z$6.13b |
Equity | Z$396.40b |
Total liabilities | Z$338.65b |
Total assets | Z$735.05b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SEED's short term assets (ZWL457.9B) exceed its short term liabilities (ZWL130.9B).
Long Term Liabilities: SEED's short term assets (ZWL457.9B) exceed its long term liabilities (ZWL207.8B).
Debt to Equity History and Analysis
Debt Level: SEED's net debt to equity ratio (32.1%) is considered satisfactory.
Reducing Debt: SEED's debt to equity ratio has increased from 0.5% to 33.6% over the past 5 years.
Debt Coverage: SEED's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SEED's interest payments on its debt are well covered by EBIT (3.1x coverage).