Combined Motor Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Combined Motor Holdings has a total shareholder equity of ZAR1.3B and total debt of ZAR1.1B, which brings its debt-to-equity ratio to 85.4%. Its total assets and total liabilities are ZAR4.9B and ZAR3.6B respectively. Combined Motor Holdings's EBIT is ZAR692.0M making its interest coverage ratio 3. It has cash and short-term investments of ZAR673.8M.
Key information
85.4%
Debt to equity ratio
R1.13b
Debt
| Interest coverage ratio | 3x |
| Cash | R673.82m |
| Equity | R1.32b |
| Total liabilities | R3.62b |
| Total assets | R4.94b |
Recent financial health updates
Here's Why Combined Motor Holdings (JSE:CMH) Can Manage Its Debt Responsibly
Jun 15
Is Combined Motor Holdings (JSE:CMH) A Risky Investment?
May 08Is Combined Motor Holdings (JSE:CMH) A Risky Investment?
Jan 08Recent updates
Combined Motor Holdings' (JSE:CMH) Shareholders Will Receive A Smaller Dividend Than Last Year
Dec 07Combined Motor Holdings' (JSE:CMH) Dividend Will Be Reduced To ZAR1.02
Nov 20Combined Motor Holdings' (JSE:CMH) Dividend Is Being Reduced To ZAR1.02
Nov 06Combined Motor Holdings' (JSE:CMH) Shareholders Will Receive A Smaller Dividend Than Last Year
Oct 20Combined Motor Holdings Limited's (JSE:CMH) Price Is Right But Growth Is Lacking
Aug 14There May Be Some Bright Spots In Combined Motor Holdings' (JSE:CMH) Earnings
May 21Here's Why We Think Combined Motor Holdings (JSE:CMH) Might Deserve Your Attention Today
Dec 16Here's Why Combined Motor Holdings (JSE:CMH) Can Manage Its Debt Responsibly
Jun 15Combined Motor Holdings (JSE:CMH) Is Increasing Its Dividend To R2.25
May 06Combined Motor Holdings' (JSE:CMH) Dividend Will Be Increased To R1.10
Oct 21Is Combined Motor Holdings (JSE:CMH) A Risky Investment?
May 08Did Combined Motor Holdings Limited (JSE:CMH) Insiders Buy Up More Shares?
Feb 28Combined Motor Holdings' (JSE:CMH) Shareholders Are Down 36% On Their Shares
Feb 09Some Confidence Is Lacking In Combined Motor Holdings Limited's (JSE:CMH) P/E
Jan 25Is Combined Motor Holdings (JSE:CMH) A Risky Investment?
Jan 08We Think Combined Motor Holdings's (JSE:CMH) Statutory Profit Might Understate Its Earnings Potential
Dec 21
How Does Combined Motor Holdings' (JSE:CMH) CEO Salary Compare to Peers?
Dec 03Financial Position Analysis
Short Term Liabilities: CMH's short term assets (ZAR3.1B) exceed its short term liabilities (ZAR3.1B).
Long Term Liabilities: CMH's short term assets (ZAR3.1B) exceed its long term liabilities (ZAR539.3M).
Debt to Equity History and Analysis
Debt Level: CMH's net debt to equity ratio (34.5%) is considered satisfactory.
Reducing Debt: CMH's debt to equity ratio has increased from 82.9% to 85.4% over the past 5 years.
Debt Coverage: CMH's debt is well covered by operating cash flow (74.9%).
Interest Coverage: CMH's interest payments on its debt are well covered by EBIT (3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 22:50 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/02/29 |
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
Combined Motor Holdings Limited is covered by 3 analysts. 2 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 |
|---|---|
| Brent Madel | Absa Bank Limited |
| Rowan Goeller | Chronux Research |
| John Arron | Rencap Securities (Pty) Limited |