Calgro M3 Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Calgro M3 Holdings has a total shareholder equity of ZAR1.3B and total debt of ZAR934.8M, which brings its debt-to-equity ratio to 72.8%. Its total assets and total liabilities are ZAR2.8B and ZAR1.6B respectively. Calgro M3 Holdings's EBIT is ZAR246.2M making its interest coverage ratio -98.5. It has cash and short-term investments of ZAR122.6M.
Key information
72.8%
Debt to equity ratio
R934.80m
Debt
| Interest coverage ratio | -98.5x |
| Cash | R122.64m |
| Equity | R1.28b |
| Total liabilities | R1.55b |
| Total assets | R2.84b |
Recent financial health updates
Is Calgro M3 Holdings (JSE:CGR) Using Too Much Debt?
Jul 05
Is Calgro M3 Holdings (JSE:CGR) Using Too Much Debt?
Feb 21
Recent updates
Calgro M3 Holdings Limited's (JSE:CGR) CEO Compensation Is Looking A Bit Stretched At The Moment
Jun 21Here's Why Calgro M3 Holdings (JSE:CGR) Has Caught The Eye Of Investors
Apr 19Is Calgro M3 Holdings (JSE:CGR) Using Too Much Debt?
Jul 05Calgro M3 Holdings Limited (JSE:CGR) Stock Rockets 41% As Investors Are Less Pessimistic Than Expected
May 22Is Calgro M3 Holdings (JSE:CGR) Using Too Much Debt?
Feb 21Have Insiders Been Buying Calgro M3 Holdings Limited (JSE:CGR) Shares?
Dec 29Financial Position Analysis
Short Term Liabilities: CGR's short term assets (ZAR2.5B) exceed its short term liabilities (ZAR291.5M).
Long Term Liabilities: CGR's short term assets (ZAR2.5B) exceed its long term liabilities (ZAR1.3B).
Debt to Equity History and Analysis
Debt Level: CGR's net debt to equity ratio (63.3%) is considered high.
Reducing Debt: CGR's debt to equity ratio has reduced from 123% to 72.8% over the past 5 years.
Debt Coverage: CGR's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: CGR earns more interest than it pays, so coverage of interest payments is not a concern.