Colonial Motor Balance Sheet Health
Financial Health criteria checks 3/6
Colonial Motor has a total shareholder equity of NZ$308.6M and total debt of NZ$204.9M, which brings its debt-to-equity ratio to 66.4%. Its total assets and total liabilities are NZ$625.5M and NZ$316.9M respectively. Colonial Motor's EBIT is NZ$50.8M making its interest coverage ratio 4. It has cash and short-term investments of NZ$12.8M.
Key information
66.4%
Debt to equity ratio
NZ$204.91m
Debt
Interest coverage ratio | 4x |
Cash | NZ$12.78m |
Equity | NZ$308.61m |
Total liabilities | NZ$316.85m |
Total assets | NZ$625.46m |
Recent financial health updates
Is Colonial Motor (NZSE:CMO) Using Too Much Debt?
Aug 16We Think Colonial Motor (NZSE:CMO) Can Stay On Top Of Its Debt
Mar 26Colonial Motor (NZSE:CMO) Has A Somewhat Strained Balance Sheet
Dec 12Recent updates
Colonial Motor (NZSE:CMO) Has Announced That Its Dividend Will Be Reduced To NZ$0.4941
Sep 07Colonial Motor (NZSE:CMO) Is Paying Out Less In Dividends Than Last Year
Aug 24Colonial Motor's (NZSE:CMO) Upcoming Dividend Will Be Larger Than Last Year's
Aug 19If EPS Growth Is Important To You, Colonial Motor (NZSE:CMO) Presents An Opportunity
Jul 01Calculating The Intrinsic Value Of The Colonial Motor Company Limited (NZSE:CMO)
Jun 01Colonial Motor (NZSE:CMO) Has Re-Affirmed Its Dividend Of NZ$0.18
Feb 20Colonial Motor's (NZSE:CMO) Dividend Will Be Increased To NZ$0.47
Aug 18Is Colonial Motor (NZSE:CMO) Using Too Much Debt?
Aug 16Colonial Motor (NZSE:CMO) Might Be Having Difficulty Using Its Capital Effectively
May 29Should The Colonial Motor Company Limited (NZSE:CMO) Be Part Of Your Dividend Portfolio?
Apr 28We Think Colonial Motor (NZSE:CMO) Can Stay On Top Of Its Debt
Mar 26Should You Buy The Colonial Motor Company Limited (NZSE:CMO) For Its Upcoming Dividend?
Mar 13Did You Participate In Any Of Colonial Motor's (NZSE:CMO) Respectable 100% Return?
Mar 05Is Colonial Motor (NZSE:CMO) Likely To Turn Things Around?
Feb 20The Colonial Motor Company Limited's (NZSE:CMO) Stock Been Rising But Financials Look Weak: Should Shareholders Be Worried?
Feb 07Here's What You Should Know About The Colonial Motor Company Limited's (NZSE:CMO) 3.7% Dividend Yield
Jan 23What Kind Of Investors Own Most Of The Colonial Motor Company Limited (NZSE:CMO)?
Jan 08Have Insiders Been Buying The Colonial Motor Company Limited (NZSE:CMO) Shares?
Dec 24Colonial Motor (NZSE:CMO) Has A Somewhat Strained Balance Sheet
Dec 12Shareholders Of Colonial Motor (NZSE:CMO) Must Be Happy With Their 112% Total Return
Nov 30Will Colonial Motor (NZSE:CMO) Multiply In Value Going Forward?
Nov 18Financial Position Analysis
Short Term Liabilities: CMO's short term assets (NZ$339.1M) exceed its short term liabilities (NZ$235.9M).
Long Term Liabilities: CMO's short term assets (NZ$339.1M) exceed its long term liabilities (NZ$80.9M).
Debt to Equity History and Analysis
Debt Level: CMO's net debt to equity ratio (62.3%) is considered high.
Reducing Debt: CMO's debt to equity ratio has increased from 55.2% to 66.4% over the past 5 years.
Debt Coverage: CMO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CMO's interest payments on its debt are well covered by EBIT (4x coverage).