City Lodge Hotels Balance Sheet Health
Financial Health criteria checks 4/6
City Lodge Hotels has a total shareholder equity of ZAR1.2B and total debt of ZAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ZAR2.9B and ZAR1.8B respectively. City Lodge Hotels's EBIT is ZAR370.0M making its interest coverage ratio 2.7. It has cash and short-term investments of ZAR54.6M.
Key information
0%
Debt to equity ratio
R0
Debt
Interest coverage ratio | 2.7x |
Cash | R54.55m |
Equity | R1.17b |
Total liabilities | R1.76b |
Total assets | R2.93b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CLH's short term assets (ZAR224.3M) do not cover its short term liabilities (ZAR293.2M).
Long Term Liabilities: CLH's short term assets (ZAR224.3M) do not cover its long term liabilities (ZAR1.5B).
Debt to Equity History and Analysis
Debt Level: CLH is debt free.
Reducing Debt: CLH has no debt compared to 5 years ago when its debt to equity ratio was 87.9%.
Debt Coverage: CLH has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CLH has no debt, therefore coverage of interest payments is not a concern.