Exxaro Resources Balance Sheet Health
Financial Health criteria checks 6/6
Exxaro Resources has a total shareholder equity of ZAR66.4B and total debt of ZAR9.1B, which brings its debt-to-equity ratio to 13.6%. Its total assets and total liabilities are ZAR92.9B and ZAR26.4B respectively. Exxaro Resources's EBIT is ZAR9.8B making its interest coverage ratio -18. It has cash and short-term investments of ZAR19.9B.
Key information
13.6%
Debt to equity ratio
R9.05b
Debt
| Interest coverage ratio | -18x |
| Cash | R19.86b |
| Equity | R66.41b |
| Total liabilities | R26.45b |
| Total assets | R92.85b |
Recent financial health updates
We Think Exxaro Resources (JSE:EXX) Can Stay On Top Of Its Debt
Mar 15
Exxaro Resources (JSE:EXX) Has A Pretty Healthy Balance Sheet
Sep 14Exxaro Resources (JSE:EXX) Seems To Use Debt Rather Sparingly
May 30Recent updates
Investors Aren't Buying Exxaro Resources Limited's (JSE:EXX) Earnings
Apr 10We Think Exxaro Resources (JSE:EXX) Can Stay On Top Of Its Debt
Mar 15Exxaro Resources (JSE:EXX) Is Looking To Continue Growing Its Returns On Capital
Jan 17Exxaro Resources Limited's (JSE:EXX) Earnings Are Not Doing Enough For Some Investors
Dec 24Exxaro Resources (JSE:EXX) Is Looking To Continue Growing Its Returns On Capital
Oct 10Exxaro Resources (JSE:EXX) Has A Pretty Healthy Balance Sheet
Sep 14Exxaro Resources (JSE:EXX) Is Very Good At Capital Allocation
Jun 17Exxaro Resources (JSE:EXX) Seems To Use Debt Rather Sparingly
May 30The Market Doesn't Like What It Sees From Exxaro Resources Limited's (JSE:EXX) Earnings Yet
Apr 03Exxaro Resources Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 19Investors Should Be Encouraged By Exxaro Resources' (JSE:EXX) Returns On Capital
Mar 18Here's Why We Think Exxaro Resources (JSE:EXX) Is Well Worth Watching
Feb 20Financial Position Analysis
Short Term Liabilities: EXX's short term assets (ZAR26.7B) exceed its short term liabilities (ZAR6.2B).
Long Term Liabilities: EXX's short term assets (ZAR26.7B) exceed its long term liabilities (ZAR20.2B).
Debt to Equity History and Analysis
Debt Level: EXX has more cash than its total debt.
Reducing Debt: EXX's debt to equity ratio has reduced from 14.4% to 13.6% over the past 5 years.
Debt Coverage: EXX's debt is well covered by operating cash flow (123%).
Interest Coverage: EXX earns more interest than it pays, so coverage of interest payments is not a concern.