MultiChoice Group Balance Sheet Health
Financial Health criteria checks 3/6
MultiChoice Group has a total shareholder equity of ZAR768.0M and total debt of ZAR8.2B, which brings its debt-to-equity ratio to 1063.7%. Its total assets and total liabilities are ZAR48.6B and ZAR47.8B respectively. MultiChoice Group's EBIT is ZAR8.8B making its interest coverage ratio 8.2. It has cash and short-term investments of ZAR5.6B.
Key information
1,063.7%
Debt to equity ratio
R8.17b
Debt
Interest coverage ratio | 8.2x |
Cash | R5.60b |
Equity | R768.00m |
Total liabilities | R47.83b |
Total assets | R48.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MCHO.Y's short term assets (ZAR23.9B) do not cover its short term liabilities (ZAR25.5B).
Long Term Liabilities: MCHO.Y's short term assets (ZAR23.9B) exceed its long term liabilities (ZAR22.3B).
Debt to Equity History and Analysis
Debt Level: MCHO.Y's net debt to equity ratio (334.4%) is considered high.
Reducing Debt: MCHO.Y's debt to equity ratio has increased from 3.5% to 1063.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MCHO.Y has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MCHO.Y is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 6.2% per year.