CA Sales Holdings Balance Sheet Health
Financial Health criteria checks 6/6
CA Sales Holdings has a total shareholder equity of ZAR2.4B and total debt of ZAR652.0M, which brings its debt-to-equity ratio to 26.7%. Its total assets and total liabilities are ZAR4.5B and ZAR2.1B respectively. CA Sales Holdings's EBIT is ZAR694.7M making its interest coverage ratio 319.1. It has cash and short-term investments of ZAR858.7M.
Key information
26.7%
Debt to equity ratio
R652.04m
Debt
Interest coverage ratio | 319.1x |
Cash | R858.68m |
Equity | R2.44b |
Total liabilities | R2.10b |
Total assets | R4.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CA SALES's short term assets (ZAR3.2B) exceed its short term liabilities (ZAR1.8B).
Long Term Liabilities: CA SALES's short term assets (ZAR3.2B) exceed its long term liabilities (ZAR327.2M).
Debt to Equity History and Analysis
Debt Level: CA SALES has more cash than its total debt.
Reducing Debt: CA SALES's debt to equity ratio has reduced from 41.8% to 26.7% over the past 5 years.
Debt Coverage: CA SALES's debt is well covered by operating cash flow (55.7%).
Interest Coverage: CA SALES's interest payments on its debt are well covered by EBIT (319.1x coverage).