Fidelity Life Assurance of Zimbabwe Balance Sheet Health
Financial Health criteria checks 4/6
Fidelity Life Assurance of Zimbabwe has a total shareholder equity of ZWL105.1B and total debt of ZWL2.4B, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are ZWL470.1B and ZWL365.0B respectively.
Key information
2.3%
Debt to equity ratio
Z$2.40b
Debt
Interest coverage ratio | n/a |
Cash | Z$144.18b |
Equity | Z$105.15b |
Total liabilities | Z$364.99b |
Total assets | Z$470.13b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: FIDL's short term assets (ZWL178.3B) exceed its short term liabilities (ZWL9.1B).
Long Term Liabilities: FIDL's short term assets (ZWL178.3B) do not cover its long term liabilities (ZWL355.9B).
Debt to Equity History and Analysis
Debt Level: FIDL has more cash than its total debt.
Reducing Debt: FIDL's debt to equity ratio has reduced from 208% to 2.3% over the past 5 years.
Debt Coverage: FIDL's debt is well covered by operating cash flow (574%).
Interest Coverage: Insufficient data to determine if FIDL's interest payments on its debt are well covered by EBIT.