Karooooo Balance Sheet Health
Financial Health criteria checks 6/6
Karooooo has a total shareholder equity of ZAR2.7B and total debt of ZAR323.8M, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are ZAR4.4B and ZAR1.6B respectively. Karooooo's EBIT is ZAR1.2B making its interest coverage ratio -73. It has cash and short-term investments of ZAR706.8M.
Key information
11.9%
Debt to equity ratio
R323.82m
Debt
| Interest coverage ratio | -73x |
| Cash | R706.82m |
| Equity | R2.71b |
| Total liabilities | R1.65b |
| Total assets | R4.36b |
Recent financial health updates
Recent updates
Why You Should Care About Karooooo's (NASDAQ:KARO) Strong Returns On Capital
Oct 31
US$44.44 - That's What Analysts Think Karooooo Ltd. (NASDAQ:KARO) Is Worth After These Results
Oct 17Karooooo: An Overlooked GARP Gem
Oct 17Karooooo Ltd. (NASDAQ:KARO) Shares Could Be 32% Below Their Intrinsic Value Estimate
Aug 19There's Reason For Concern Over Karooooo Ltd.'s (NASDAQ:KARO) Massive 27% Price Jump
Aug 01Is It Time To Consider Buying Karooooo Ltd. (NASDAQ:KARO)?
Jun 25With EPS Growth And More, Karooooo (NASDAQ:KARO) Makes An Interesting Case
Jun 12Why Karooooo's (NASDAQ:KARO) Earnings Are Better Than They Seem
May 22Investors Could Be Concerned With Karooooo's (NASDAQ:KARO) Returns On Capital
Apr 25Is Karooooo (NASDAQ:KARO) A Risky Investment?
Apr 10An Intrinsic Calculation For Karooooo Ltd. (NASDAQ:KARO) Suggests It's 37% Undervalued
Feb 10Karooooo Ltd.'s (NASDAQ:KARO) Intrinsic Value Is Potentially 52% Above Its Share Price
Oct 07Some Investors May Be Worried About Karooooo's (NASDAQ:KARO) Returns On Capital
Aug 31Should You Think About Buying Karooooo Ltd. (NASDAQ:KARO) Now?
Jul 27Karooooo (NASDAQ:KARO) Will Be Hoping To Turn Its Returns On Capital Around
Mar 21Estimating The Intrinsic Value Of Karooooo Ltd. (NASDAQ:KARO)
Feb 18Is There An Opportunity With Karooooo Ltd.'s (NASDAQ:KARO) 40% Undervaluation?
Oct 29Karooooo goes ex-dividend tomorrow
Aug 31Capital Allocation Trends At Karooooo (NASDAQ:KARO) Aren't Ideal
Aug 20Karooooo: An Undervalued African Telematics Opportunity
Jun 29A Look At The Fair Value Of Karooooo Ltd. (NASDAQ:KARO)
May 29Karooooo Ltd. Continues With Growth Plans
May 18There Are Reasons To Feel Uneasy About Karooooo's (NASDAQ:KARO) Returns On Capital
Apr 29Desert Lion Capital - Karooooo Ltd: Thinking Beyond Connected Vehicles
Feb 26With Karooooo Ltd. (NASDAQ:KARO) It Looks Like You'll Get What You Pay For
Feb 24Financial Position Analysis
Short Term Liabilities: KARO's short term assets (ZAR1.2B) exceed its short term liabilities (ZAR1.1B).
Long Term Liabilities: KARO's short term assets (ZAR1.2B) exceed its long term liabilities (ZAR588.5M).
Debt to Equity History and Analysis
Debt Level: KARO has more cash than its total debt.
Reducing Debt: KARO's debt to equity ratio has reduced from 14.1% to 11.9% over the past 5 years.
Debt Coverage: KARO's debt is well covered by operating cash flow (448.1%).
Interest Coverage: KARO earns more interest than it pays, so coverage of interest payments is not a concern.