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 ZAR3.0B and ZAR1.8B respectively. City Lodge Hotels's EBIT is ZAR399.4M making its interest coverage ratio 3. It has cash and short-term investments of ZAR67.3M.

Key information

Debt to equity ratio

Debt

Interest coverage ratio	3x
Cash	R67.32m
Equity	R1.17b
Total liabilities	R1.79b
Total assets	R2.96b

Recent financial health updates

No updates

Recent updates

Be Wary Of City Lodge Hotels (JSE:CLH) And Its Returns On Capital

May 17

City Lodge Hotels' (JSE:CLH) Solid Profits Have Weak Fundamentals

Mar 09

Financial Position Analysis

Short Term Liabilities: CLH's short term assets (ZAR231.7M) do not cover its short term liabilities (ZAR384.3M).

Long Term Liabilities: CLH's short term assets (ZAR231.7M) do not cover its long term liabilities (ZAR1.4B).

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 100.2%.

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.

City Lodge Hotels Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Recent updates

City Lodge Hotels Limited, Annual General Meeting, Nov 21, 2024

New minor risk - Dividend sustainability

City Lodge Hotels Limited Announces Board and Committee Changes

Final dividend increased to R0.09

Full year 2024 earnings released: EPS: R0.33 (vs R0.29 in FY 2023)

City Lodge Hotels Limited Declares Final Dividend for the Year Ended 30 June 2024, Payable on 30 September 2024

Now 21% overvalued

Now 25% overvalued after recent price rise

Now 20% overvalued

Now 21% overvalued

Upcoming dividend of R0.06 per share

First half dividend of R0.06 announced

City Lodge Hotels Limited Approves and Declares an Interim Dividend in Respect of the Six Months Ended 31 December 2023. Last Date to Trade Cum Dividend: 12 March 2024, Payable on 18 March 2024

City Lodge Hotels Limited Announces Board Changes

City Lodge Hotels Limited, Annual General Meeting, Nov 23, 2023

Independent Non-Executive Director recently bought R150k worth of stock

Upcoming dividend of R0.08 per share at 3.5% yield

City Lodge Hotels Limited Declares Final Dividend for the Year Ended 30 June 2023, Payable on 2 October 2023

Full year 2023 earnings released: EPS: R0.29 (vs R0.14 in FY 2022)

City Lodge Hotels Limited to Report Fiscal Year 2023 Results on Sep 08, 2023

New minor risk - Financial data availability

Be Wary Of City Lodge Hotels (JSE:CLH) And Its Returns On Capital

City Lodge Hotels' (JSE:CLH) Solid Profits Have Weak Fundamentals

Upcoming dividend of R0.05 per share at 2.4% yield

First half 2023 earnings released: EPS: R0.17 (vs R0.059 loss in 1H 2022)

CEO & Executive Director recently sold R1.1m worth of stock

City Lodge Hotels Limited, Annual General Meeting, Nov 28, 2022

Full year 2022 earnings released: EPS: R0.14 (vs R1.61 loss in FY 2021)

City Lodge Hotels Limited to Report First Half, 2022 Results on Feb 25, 2022

Independent Non-Executive Director Vincent Rague has left the company

Independent Non-Executive Director Raboijane Kgosana has left the company

Full year 2021 earnings released: R1.61 loss per share (vs R13.29 loss in FY 2020)

Full year 2021 earnings released

Ukarimu Limited entered into an agreement to acquire Fairview Hotel Ltd. from City Lodge Hotels Limited (JSE:CLH) and Property Lodging Investments (pty) Ltd for approximately ZAR 140 million.

City Lodge Hotels Limited Announces Appointment of Mr. Stephen Enderle as Non-Executive Director and Member of the Risk Committee, Effective 1 April 2021

An unknown buyer acquired an unknown stake in City Lodge Hotels Limited (JSE:CLH) from clients of Allan Gray Proprietary Limited on March 9, 2021.

New 90-day high: R3.72

City Lodge Hotels Limited to Report First Half, 2021 Results on Feb 26, 2021

New 90-day high: R3.64

Full year 2020 earnings released: R13.29 loss per share

New 90-day low: R2.43

City Lodge Hotels Limited has completed a Follow-on Equity Offering in the amount of ZAR 1.200896 billion.

City Lodge Hotels Limited to Report Fiscal Year 2020 Results on Sep 03, 2020

New 90-day low - R3.17

A group of unknown buyers acquired an additional unknown minority stake in City Lodge Hotels Limited (JSE:CLH).

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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