Karooooo Balance Sheet Health
Financial Health criteria checks 5/6
Karooooo has a total shareholder equity of ZAR2.8B and total debt of ZAR51.6M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are ZAR4.1B and ZAR1.3B respectively. Karooooo's EBIT is ZAR978.5M making its interest coverage ratio -38.7. It has cash and short-term investments of ZAR782.0M.
Key information
1.9%
Debt to equity ratio
R51.62m
Debt
| Interest coverage ratio | -38.7x |
| Cash | R781.98m |
| Equity | R2.77b |
| Total liabilities | R1.33b |
| Total assets | R4.11b |
Recent financial health updates
Recent updates
Is Karooooo (NASDAQ:KARO) A Risky Investment?
Apr 10
An 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 24Is Karooooo Ltd. (NASDAQ:KARO) Trading At A 22% Discount?
Jan 01We Like The Quality Of Karooooo's (NASDAQ:KARO) Earnings
Jul 26The Karooooo Ltd. (NASDAQ:KARO) First-Quarter Results Are Out And Analysts Have Published New Forecasts
Jul 23Karooooo reports Q4 results
May 06Financial Position Analysis
Short Term Liabilities: KARO's short term assets (ZAR1.4B) exceed its short term liabilities (ZAR979.7M).
Long Term Liabilities: KARO's short term assets (ZAR1.4B) exceed its long term liabilities (ZAR355.2M).
Debt to Equity History and Analysis
Debt Level: KARO has more cash than its total debt.
Reducing Debt: Insufficient data to determine if KARO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KARO's debt is well covered by operating cash flow (2650%).
Interest Coverage: KARO earns more interest than it pays, so coverage of interest payments is not a concern.