Edgars Stores Balance Sheet Health
Financial Health criteria checks 2/6
Edgars Stores has a total shareholder equity of ZWL80.4B and total debt of ZWL49.8B, which brings its debt-to-equity ratio to 62%. Its total assets and total liabilities are ZWL216.9B and ZWL136.6B respectively.
Key information
62.0%
Debt to equity ratio
Z$49.82b
Debt
| Interest coverage ratio | n/a |
| Cash | Z$8.10b |
| Equity | Z$80.35b |
| Total liabilities | Z$136.59b |
| Total assets | Z$216.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EDGR's short term assets (ZWL174.6B) exceed its short term liabilities (ZWL104.7B).
Long Term Liabilities: EDGR's short term assets (ZWL174.6B) exceed its long term liabilities (ZWL31.9B).
Debt to Equity History and Analysis
Debt Level: EDGR's net debt to equity ratio (51.9%) is considered high.
Reducing Debt: EDGR's debt to equity ratio has increased from 28.6% to 62% over the past 5 years.
Debt Coverage: EDGR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if EDGR's interest payments on its debt are well covered by EBIT.