Karooooo Balance Sheet Health
Financial Health criteria checks 6/6
Karooooo has a total shareholder equity of ZAR3.2B and total debt of ZAR93.5M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are ZAR4.6B and ZAR1.4B respectively. Karooooo's EBIT is ZAR1.1B making its interest coverage ratio -54.6. It has cash and short-term investments of ZAR996.1M.
Key information
3.0%
Debt to equity ratio
R93.53m
Debt
| Interest coverage ratio | -54.6x |
| Cash | R996.05m |
| Equity | R3.16b |
| Total liabilities | R1.41b |
| Total assets | R4.57b |
Recent financial health updates
Recent updates
Karooooo Ltd. (NASDAQ:KARO) Shares Could Be 32% Below Their Intrinsic Value Estimate
Aug 19
There'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 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 23Financial Position Analysis
Short Term Liabilities: KARO's short term assets (ZAR1.6B) exceed its short term liabilities (ZAR1.1B).
Long Term Liabilities: KARO's short term assets (ZAR1.6B) exceed its long term liabilities (ZAR354.3M).
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 21.7% to 3% over the past 5 years.
Debt Coverage: KARO's debt is well covered by operating cash flow (1551.4%).
Interest Coverage: KARO earns more interest than it pays, so coverage of interest payments is not a concern.