Curro Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Curro Holdings has a total shareholder equity of ZAR7.1B and total debt of ZAR3.4B, which brings its debt-to-equity ratio to 47.2%. Its total assets and total liabilities are ZAR12.7B and ZAR5.5B respectively. Curro Holdings's EBIT is ZAR890.0M making its interest coverage ratio 3. It has cash and short-term investments of ZAR172.0M.
Key information
47.2%
Debt to equity ratio
R3.37b
Debt
| Interest coverage ratio | 3x |
| Cash | R172.00m |
| Equity | R7.14b |
| Total liabilities | R5.53b |
| Total assets | R12.67b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: COH's short term assets (ZAR724.0M) do not cover its short term liabilities (ZAR982.0M).
Long Term Liabilities: COH's short term assets (ZAR724.0M) do not cover its long term liabilities (ZAR4.6B).
Debt to Equity History and Analysis
Debt Level: COH's net debt to equity ratio (44.8%) is considered high.
Reducing Debt: COH's debt to equity ratio has reduced from 60.4% to 47.2% over the past 5 years.
Debt Coverage: COH's debt is well covered by operating cash flow (26.5%).
Interest Coverage: COH's interest payments on its debt are not well covered by EBIT (3x coverage).