Crookes Brothers Balance Sheet Health
Financial Health criteria checks 6/6
Crookes Brothers has a total shareholder equity of ZAR1.1B and total debt of ZAR218.1M, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are ZAR1.8B and ZAR757.3M respectively. Crookes Brothers's EBIT is ZAR99.6M making its interest coverage ratio 3.4. It has cash and short-term investments of ZAR189.9M.
Key information
20.2%
Debt to equity ratio
R218.14m
Debt
| Interest coverage ratio | 3.4x |
| Cash | R189.88m |
| Equity | R1.08b |
| Total liabilities | R757.26m |
| Total assets | R1.84b |
Recent financial health updates
Does Crookes Brothers (JSE:CKS) Have A Healthy Balance Sheet?
Dec 01
Does Crookes Brothers (JSE:CKS) Have A Healthy Balance Sheet?
Jan 19These 4 Measures Indicate That Crookes Brothers (JSE:CKS) Is Using Debt Extensively
Feb 24Is Crookes Brothers (JSE:CKS) Using Too Much Debt?
Nov 26
Recent updates
Crookes Brothers Limited's (JSE:CKS) Shares May Have Run Too Fast Too Soon
Nov 23We Think Some Shareholders May Hesitate To Increase Crookes Brothers Limited's (JSE:CKS) CEO Compensation
Aug 24Crookes Brothers Limited's (JSE:CKS) Shareholders Might Be Looking For Exit
Mar 20Does Crookes Brothers (JSE:CKS) Have A Healthy Balance Sheet?
Dec 01Does Crookes Brothers (JSE:CKS) Have A Healthy Balance Sheet?
Jan 19Crookes Brothers (JSE:CKS) Is Reinvesting At Lower Rates Of Return
Aug 14Crookes Brothers (JSE:CKS) Hasn't Managed To Accelerate Its Returns
May 18Here's Why I Think Crookes Brothers (JSE:CKS) Might Deserve Your Attention Today
Mar 24These 4 Measures Indicate That Crookes Brothers (JSE:CKS) Is Using Debt Extensively
Feb 24Should You Be Impressed By Crookes Brothers' (JSE:CKS) Returns on Capital?
Jan 28We're Not So Sure You Should Rely on Crookes Brothers's (JSE:CKS) Statutory Earnings
Jan 07Here's Why I Think Crookes Brothers (JSE:CKS) Is An Interesting Stock
Dec 16Is Crookes Brothers (JSE:CKS) Using Too Much Debt?
Nov 26Financial Position Analysis
Short Term Liabilities: CKS's short term assets (ZAR764.6M) exceed its short term liabilities (ZAR253.6M).
Long Term Liabilities: CKS's short term assets (ZAR764.6M) exceed its long term liabilities (ZAR503.6M).
Debt to Equity History and Analysis
Debt Level: CKS's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: CKS's debt to equity ratio has reduced from 32.1% to 20.2% over the past 5 years.
Debt Coverage: CKS's debt is well covered by operating cash flow (67.8%).
Interest Coverage: CKS's interest payments on its debt are well covered by EBIT (3.4x coverage).