Combined Motor Holdings Financial Health
How is Combined Motor Holdings's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: CMH's short term assets (ZAR2.6B) exceed its short term liabilities (ZAR2.5B).
Long Term Liabilities: CMH's short term assets (ZAR2.6B) exceed its long term liabilities (ZAR759.0M).
Debt to Equity History and Analysis
Debt Level: CMH's net debt to equity ratio (26.3%) is considered satisfactory.
Reducing Debt: CMH's debt to equity ratio has reduced from 110.1% to 77.7% over the past 5 years.
Debt Coverage: CMH's debt is well covered by operating cash flow (52.8%).
Interest Coverage: CMH's interest payments on its debt are well covered by EBIT (6.9x coverage).