Calgro M3 Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Calgro M3 Holdings has a total shareholder equity of ZAR1.4B and total debt of ZAR1.0B, which brings its debt-to-equity ratio to 75.5%. Its total assets and total liabilities are ZAR3.1B and ZAR1.7B respectively. Calgro M3 Holdings's EBIT is ZAR240.7M making its interest coverage ratio -97.7. It has cash and short-term investments of ZAR168.9M.
Key information
75.5%
Debt to equity ratio
R1.04b
Debt
| Interest coverage ratio | -97.7x |
| Cash | R168.91m |
| Equity | R1.37b |
| Total liabilities | R1.69b |
| Total assets | R3.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5C2's short term assets (ZAR2.7B) exceed its short term liabilities (ZAR297.3M).
Long Term Liabilities: 5C2's short term assets (ZAR2.7B) exceed its long term liabilities (ZAR1.4B).
Debt to Equity History and Analysis
Debt Level: 5C2's net debt to equity ratio (63.1%) is considered high.
Reducing Debt: 5C2's debt to equity ratio has reduced from 119.7% to 75.5% over the past 5 years.
Debt Coverage: 5C2's debt is not well covered by operating cash flow (2.9%).
Interest Coverage: 5C2 earns more interest than it pays, so coverage of interest payments is not a concern.