Momentum Metropolitan Holdings Limited

JSE:MTM Stock Report

Market Cap: R30.9b

Momentum Metropolitan Holdings Balance Sheet Health

Financial Health criteria checks 5/6

Momentum Metropolitan Holdings has a total shareholder equity of ZAR29.4B and total debt of ZAR8.7B, which brings its debt-to-equity ratio to 29.5%. Its total assets and total liabilities are ZAR661.3B and ZAR631.9B respectively. Momentum Metropolitan Holdings's EBIT is ZAR13.1B making its interest coverage ratio 4.5. It has cash and short-term investments of ZAR613.4B.

Key information

29.5%

Debt to equity ratio

R8.66b

Debt

Interest coverage ratio4.5x
CashR613.40b
EquityR29.39b
Total liabilitiesR631.94b
Total assetsR661.33b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: MTM's short term assets (ZAR626.2B) exceed its short term liabilities (ZAR51.9B).

Long Term Liabilities: MTM's short term assets (ZAR626.2B) exceed its long term liabilities (ZAR580.1B).


Debt to Equity History and Analysis

Debt Level: MTM has more cash than its total debt.

Reducing Debt: MTM's debt to equity ratio has increased from 8.3% to 29.5% over the past 5 years.

Debt Coverage: MTM's debt is well covered by operating cash flow (28%).

Interest Coverage: MTM's interest payments on its debt are well covered by EBIT (4.5x coverage).


Balance Sheet


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