Calgro M3 Holdings Limited

JSE:CGR Stock Report

Market Cap: R537.9m

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
CashR122.64m
EquityR1.28b
Total liabilitiesR1.55b
Total assetsR2.84b

Recent financial health updates

Recent updates

Here's Why Calgro M3 Holdings (JSE:CGR) Has Caught The Eye Of Investors

Apr 19
Here's Why Calgro M3 Holdings (JSE:CGR) Has Caught The Eye Of Investors

Is Calgro M3 Holdings (JSE:CGR) Using Too Much Debt?

Jul 05
Is Calgro M3 Holdings (JSE:CGR) Using Too Much Debt?

Calgro M3 Holdings Limited (JSE:CGR) Stock Rockets 41% As Investors Are Less Pessimistic Than Expected

May 22
Calgro M3 Holdings Limited (JSE:CGR) Stock Rockets 41% As Investors Are Less Pessimistic Than Expected

Is Calgro M3 Holdings (JSE:CGR) Using Too Much Debt?

Feb 21
Is Calgro M3 Holdings (JSE:CGR) Using Too Much Debt?

Have Insiders Been Buying Calgro M3 Holdings Limited (JSE:CGR) Shares?

Dec 29
Have Insiders Been Buying Calgro M3 Holdings Limited (JSE:CGR) Shares?

Financial 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.


Balance Sheet


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