Curro Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Curro Holdings has a total shareholder equity of ZAR7.1B and total debt of ZAR3.3B, which brings its debt-to-equity ratio to 46.5%. Its total assets and total liabilities are ZAR12.3B and ZAR5.2B respectively. Curro Holdings's EBIT is ZAR830.0M making its interest coverage ratio 3. It has cash and short-term investments of ZAR99.0M.
Key information
46.5%
Debt to equity ratio
R3.32b
Debt
| Interest coverage ratio | 3x |
| Cash | R99.00m |
| Equity | R7.13b |
| Total liabilities | R5.18b |
| Total assets | R12.31b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: COH's short term assets (ZAR629.0M) do not cover its short term liabilities (ZAR762.0M).
Long Term Liabilities: COH's short term assets (ZAR629.0M) do not cover its long term liabilities (ZAR4.4B).
Debt to Equity History and Analysis
Debt Level: COH's net debt to equity ratio (45.1%) is considered high.
Reducing Debt: COH's debt to equity ratio has reduced from 56.5% to 46.5% over the past 5 years.
Debt Coverage: COH's debt is well covered by operating cash flow (26.4%).
Interest Coverage: COH's interest payments on its debt are well covered by EBIT (3x coverage).