Coronation Fund Managers Balance Sheet Health
Financial Health criteria checks 3/6
Coronation Fund Managers has a total shareholder equity of ZAR2.5B and total debt of ZAR510.0M, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are ZAR84.1B and ZAR81.6B respectively. Coronation Fund Managers's EBIT is ZAR1.7B making its interest coverage ratio -0.5. It has cash and short-term investments of ZAR2.4B.
Key information
20.3%
Debt to equity ratio
R510.00m
Debt
| Interest coverage ratio | -0.5x |
| Cash | R2.36b |
| Equity | R2.51b |
| Total liabilities | R81.56b |
| Total assets | R84.07b |
Recent financial health updates
No updates
Recent updates
Coronation Fund Managers (JSE:CML) Is Increasing Its Dividend To ZAR2.28
Nov 22
Coronation Fund Managers Limited's (JSE:CML) Popularity With Investors Is Under Threat From Overpricing
Sep 13Coronation Fund Managers (JSE:CML) Will Pay A Smaller Dividend Than Last Year
Nov 24Here's Why Coronation Fund Managers Limited's (JSE:CML) CEO Compensation Is The Least Of Shareholders Concerns
Feb 16Zooming in on JSE:CML's 7.8% Dividend Yield
Feb 01
What You Need To Know About Coronation Fund Managers Limited's (JSE:CML) Investor Composition
Jan 11How Much Is Coronation Fund Managers' (JSE:CML) CEO Getting Paid?
Dec 22Here's Why We're Wary Of Buying Coronation Fund Managers' (JSE:CML) For Its Upcoming Dividend
Dec 05Coronation Fund Managers Limited (JSE:CML) Insiders Increased Their Holdings
Nov 23Financial Position Analysis
Short Term Liabilities: CML's short term assets (ZAR3.0B) do not cover its short term liabilities (ZAR76.7B).
Long Term Liabilities: CML's short term assets (ZAR3.0B) do not cover its long term liabilities (ZAR4.9B).
Debt to Equity History and Analysis
Debt Level: CML has more cash than its total debt.
Reducing Debt: CML's debt to equity ratio has increased from 13.8% to 20.3% over the past 5 years.
Debt Coverage: CML's debt is well covered by operating cash flow (822.7%).
Interest Coverage: CML earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:11 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Coronation Fund Managers Limited is covered by 12 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jaap Meijer | Arqaam Capital Research Offshore S.A.L. |
| David Talpert | Avior Capital Markets |
| Richard Ladbrook | Barclays |