MultiChoice Group Balance Sheet Health
Financial Health criteria checks 2/6
MultiChoice Group has a total shareholder equity of ZAR-2.7B and total debt of ZAR12.0B, which brings its debt-to-equity ratio to -442.3%. Its total assets and total liabilities are ZAR41.5B and ZAR44.2B respectively. MultiChoice Group's EBIT is ZAR5.8B making its interest coverage ratio 4. It has cash and short-term investments of ZAR5.7B.
Key information
-442.3%
Debt to equity ratio
R12.03b
Debt
| Interest coverage ratio | 4x |
| Cash | R5.73b |
| Equity | -R2.72b |
| Total liabilities | R44.24b |
| Total assets | R41.52b |
Recent financial health updates
These 4 Measures Indicate That MultiChoice Group (JSE:MCG) Is Using Debt Reasonably Well
Aug 25
These 4 Measures Indicate That MultiChoice Group (JSE:MCG) Is Using Debt Reasonably Well
Dec 18MultiChoice Group (JSE:MCG) Seems To Use Debt Quite Sensibly
Jul 07Recent updates
These 4 Measures Indicate That MultiChoice Group (JSE:MCG) Is Using Debt Reasonably Well
Aug 25MultiChoice Group's (JSE:MCG) Dividend Will Be ZAR5.65
Aug 08MultiChoice Group (JSE:MCG) Will Pay A Dividend Of ZAR5.65
Jul 15MultiChoice Group (JSE:MCG) Has Announced A Dividend Of R5.65
Jul 01We Like MultiChoice Group's (JSE:MCG) Returns And Here's How They're Trending
Jun 30MultiChoice Group's (JSE:MCG) Dividend Will Be R5.65
Jun 12Is MultiChoice Group Limited (JSE:MCG) Trading At A 41% Discount?
May 03Is MultiChoice Group Limited (JSE:MCG) Trading At A 48% Discount?
Jan 25Investors Still Waiting For A Pull Back In MultiChoice Group Limited (JSE:MCG)
Jan 09These 4 Measures Indicate That MultiChoice Group (JSE:MCG) Is Using Debt Reasonably Well
Dec 18Return Trends At MultiChoice Group (JSE:MCG) Aren't Appealing
Oct 10MultiChoice Group (JSE:MCG) Will Pay A Dividend Of R5.65
Aug 26MultiChoice Group (JSE:MCG) Seems To Use Debt Quite Sensibly
Jul 07The Strong Earnings Posted By MultiChoice Group (JSE:MCG) Are A Good Indication Of The Strength Of The Business
Jun 17MultiChoice Group (JSE:MCG) Has Announced A Dividend Of R5.65
Jun 13Under The Bonnet, MultiChoice Group's (JSE:MCG) Returns Look Impressive
Apr 19Does MultiChoice Group Limited (JSE:MCG) Have A Place In Your Dividend Stock Portfolio?
Mar 28Financial Position Analysis
Short Term Liabilities: MCG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MCG has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MCG has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MCG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MCG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MCG is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 8.5% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:02 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
MultiChoice Group Limited is covered by 8 analysts. 3 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 |
|---|---|
| Jonathan Bradley | Absa Bank Limited |
| Michael Steere | Avior Capital Markets |
| Dino Constantinou | Investec Bank Limited (SA) |