The Colonial Motor Company Limited

NZSE:CMO Stock Report

Market Cap: NZ$265.8m

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 ratio4x
CashNZ$12.78m
EquityNZ$308.61m
Total liabilitiesNZ$316.85m
Total assetsNZ$625.46m

Recent financial health updates

Recent updates

Colonial Motor (NZSE:CMO) Has Announced That Its Dividend Will Be Reduced To NZ$0.4941

Sep 07
Colonial Motor (NZSE:CMO) Has Announced That Its Dividend Will Be Reduced To NZ$0.4941

Colonial Motor (NZSE:CMO) Is Paying Out Less In Dividends Than Last Year

Aug 24
Colonial Motor (NZSE:CMO) Is Paying Out Less In Dividends Than Last Year

Colonial Motor's (NZSE:CMO) Upcoming Dividend Will Be Larger Than Last Year's

Aug 19
Colonial Motor's (NZSE:CMO) Upcoming Dividend Will Be Larger Than Last Year's

If EPS Growth Is Important To You, Colonial Motor (NZSE:CMO) Presents An Opportunity

Jul 01
If EPS Growth Is Important To You, Colonial Motor (NZSE:CMO) Presents An Opportunity

Calculating The Intrinsic Value Of The Colonial Motor Company Limited (NZSE:CMO)

Jun 01
Calculating The Intrinsic Value Of The Colonial Motor Company Limited (NZSE:CMO)

Colonial Motor (NZSE:CMO) Has Re-Affirmed Its Dividend Of NZ$0.18

Feb 20
Colonial Motor (NZSE:CMO) Has Re-Affirmed Its Dividend Of NZ$0.18

Colonial Motor's (NZSE:CMO) Dividend Will Be Increased To NZ$0.47

Aug 18
Colonial Motor's (NZSE:CMO) Dividend Will Be Increased To NZ$0.47

Is Colonial Motor (NZSE:CMO) Using Too Much Debt?

Aug 16
Is Colonial Motor (NZSE:CMO) Using Too Much Debt?

Colonial Motor (NZSE:CMO) Might Be Having Difficulty Using Its Capital Effectively

May 29
Colonial Motor (NZSE:CMO) Might Be Having Difficulty Using Its Capital Effectively

Should The Colonial Motor Company Limited (NZSE:CMO) Be Part Of Your Dividend Portfolio?

Apr 28
Should The Colonial Motor Company Limited (NZSE:CMO) Be Part Of Your Dividend Portfolio?

We Think Colonial Motor (NZSE:CMO) Can Stay On Top Of Its Debt

Mar 26
We Think Colonial Motor (NZSE:CMO) Can Stay On Top Of Its Debt

Should You Buy The Colonial Motor Company Limited (NZSE:CMO) For Its Upcoming Dividend?

Mar 13
Should You Buy The Colonial Motor Company Limited (NZSE:CMO) For Its Upcoming Dividend?

Did You Participate In Any Of Colonial Motor's (NZSE:CMO) Respectable 100% Return?

Mar 05
Did You Participate In Any Of Colonial Motor's (NZSE:CMO) Respectable 100% Return?

Is Colonial Motor (NZSE:CMO) Likely To Turn Things Around?

Feb 20
Is Colonial Motor (NZSE:CMO) Likely To Turn Things Around?

The Colonial Motor Company Limited's (NZSE:CMO) Stock Been Rising But Financials Look Weak: Should Shareholders Be Worried?

Feb 07
The Colonial Motor Company Limited's (NZSE:CMO) Stock Been Rising But Financials Look Weak: Should Shareholders Be Worried?

Here's What You Should Know About The Colonial Motor Company Limited's (NZSE:CMO) 3.7% Dividend Yield

Jan 23
Here's What You Should Know About The Colonial Motor Company Limited's (NZSE:CMO) 3.7% Dividend Yield

What Kind Of Investors Own Most Of The Colonial Motor Company Limited (NZSE:CMO)?

Jan 08
What Kind Of Investors Own Most Of The Colonial Motor Company Limited (NZSE:CMO)?

Have Insiders Been Buying The Colonial Motor Company Limited (NZSE:CMO) Shares?

Dec 24
Have Insiders Been Buying The Colonial Motor Company Limited (NZSE:CMO) Shares?

Colonial Motor (NZSE:CMO) Has A Somewhat Strained Balance Sheet

Dec 12
Colonial Motor (NZSE:CMO) Has A Somewhat Strained Balance Sheet

Shareholders Of Colonial Motor (NZSE:CMO) Must Be Happy With Their 112% Total Return

Nov 30
Shareholders Of Colonial Motor (NZSE:CMO) Must Be Happy With Their 112% Total Return

Will Colonial Motor (NZSE:CMO) Multiply In Value Going Forward?

Nov 18
Will Colonial Motor (NZSE:CMO) Multiply In Value Going Forward?

Financial 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).


Balance Sheet


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