Coronation Fund Managers Balance Sheet Health
Financial Health criteria checks 3/6
Coronation Fund Managers has a total shareholder equity of ZAR2.1B and total debt of ZAR535.0M, which brings its debt-to-equity ratio to 25.8%. Its total assets and total liabilities are ZAR65.3B and ZAR63.3B respectively. Coronation Fund Managers's EBIT is ZAR1.6B making its interest coverage ratio -0.5. It has cash and short-term investments of ZAR1.8B.
Key information
25.8%
Debt to equity ratio
R535.00m
Debt
| Interest coverage ratio | -0.5x |
| Cash | R1.78b |
| Equity | R2.07b |
| Total liabilities | R63.26b |
| Total assets | R65.34b |
Recent financial health updates
No updates
Recent updates
Coronation Fund Managers (JSE:CML) Will Pay A Smaller Dividend Than Last Year
Nov 24
Here'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 (ZAR2.5B) do not cover its short term liabilities (ZAR58.5B).
Long Term Liabilities: CML's short term assets (ZAR2.5B) do not cover its long term liabilities (ZAR4.8B).
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 13.3% to 25.8% over the past 5 years.
Debt Coverage: CML's debt is well covered by operating cash flow (151.8%).
Interest Coverage: CML earns more interest than it pays, so coverage of interest payments is not a concern.