Calgro M3 Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Calgro M3 Holdings has a total shareholder equity of ZAR1.2B and total debt of ZAR909.2M, which brings its debt-to-equity ratio to 76.8%. Its total assets and total liabilities are ZAR2.7B and ZAR1.5B respectively. Calgro M3 Holdings's EBIT is ZAR262.3M making its interest coverage ratio 141.9. It has cash and short-term investments of ZAR191.9M.
Key information
76.8%
Debt to equity ratio
R909.18m
Debt
| Interest coverage ratio | 141.9x |
| Cash | R191.88m |
| Equity | R1.18b |
| Total liabilities | R1.51b |
| Total assets | R2.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLMH.F's short term assets (ZAR2.4B) exceed its short term liabilities (ZAR311.9M).
Long Term Liabilities: CLMH.F's short term assets (ZAR2.4B) exceed its long term liabilities (ZAR1.2B).
Debt to Equity History and Analysis
Debt Level: CLMH.F's net debt to equity ratio (60.6%) is considered high.
Reducing Debt: CLMH.F's debt to equity ratio has reduced from 125.3% to 76.8% over the past 5 years.
Debt Coverage: CLMH.F's debt is well covered by operating cash flow (20.9%).
Interest Coverage: CLMH.F's interest payments on its debt are well covered by EBIT (141.9x coverage).