Coronation Fund Managers Balance Sheet Health
Financial Health criteria checks 4/6
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 ZAR2.0B making its interest coverage ratio -31. It has cash and short-term investments of ZAR1.4B.
Key information
20.3%
Debt to equity ratio
R510.00m
Debt
| Interest coverage ratio | -31x |
| Cash | R1.43b |
| Equity | R2.51b |
| Total liabilities | R81.56b |
| Total assets | R84.07b |
Recent financial health updates
No updates
Recent updates
Coronation Fund Managers Limited's (JSE:CML) Popularity With Investors Is Under Threat From Overpricing
Sep 13
Coronation 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 (ZAR2.1B) exceed its short term liabilities (ZAR1.6B).
Long Term Liabilities: CML's short term assets (ZAR2.1B) do not cover its long term liabilities (ZAR80.0B).
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.