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Coronation Fund Managers has a Cash Ratio of 0.01. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Coronation Fund Managers's Cash Ratio or its related term are showing as below:
JSE:CML'
s Cash Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.02
Current: 0.01
During the past 13 years, Coronation Fund Managers's highest Cash Ratio was 0.02. The lowest was 0.01. And the median was 0.01.
JSE:CML's Cash Ratio is ranked worse than 98.98% of 685
companies
in the Asset Management industry
Industry Median: 1.59
vs JSE:CML: 0.01
Coronation Fund Managers (JSE:CML) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Coronation Fund Managers Cash Ratio Related Terms
Coronation Fund Managers Cash Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Asset Management subindustry, Coronation Fund Managers's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Coronation Fund Managers Cash Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Coronation Fund Managers's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Coronation Fund Managers's Cash Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Coronation Fund Managers (JSE:CML) has a Cash Ratio of 0.01 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Coronation Fund Managers and its competitors. This is near median its historical median of 0.01. Over the past decade, Coronation Fund Managers' Cash Ratio has ranged from 0.01 to 0.02. According to the industry distribution chart, Coronation Fund Managers ranks #678 out of 685 companies in the Asset Management industry, placing it in the top 99%.
Is Coronation Fund Managers' Cash Ratio too high?
Coronation Fund Managers' current Cash Ratio of 0.01 is near median its 10-year median of 0.01. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.02. The Asset Management industry median Cash Ratio is 1.59. Coronation Fund Managers' value of 0.01 is 99.4% below this industry median. Based on the distribution chart, Coronation Fund Managers ranks #678 out of 685 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Coronation Fund Managers has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Coronation Fund Managers' Cash Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Coronation Fund Managers ranks #678 out of 685 companies for Cash Ratio. This places Coronation Fund Managers in the lower half of its industry. The industry median Cash Ratio is 1.59. Coronation Fund Managers' value of 0.01 is 99.4% below this benchmark. Historically, Coronation Fund Managers' own Cash Ratio has ranged from 0.01 to 0.02 over the past decade. While the company's 10-year median is 0.01 vs. the industry median of 1.59, Coronation Fund Managers has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for an Asset Management company?
The median Cash Ratio among Asset Management companies is 1.59, based on 685 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coronation Fund Managers's current Cash Ratio of 0.01 is 99.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Coronation Fund Managers and its competitors. For the Asset Management industry, the median Cash Ratio is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coronation Fund Managers's current Cash Ratio is 0.01, which is near median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coronation Fund Managers stock overvalued right now?
Based on GuruFocus' analysis, Coronation Fund Managers (JSE:CML) is currently considered Fairly Valued. The stock's GF Value™ is R41.96, compared to a current price of R43.58 — trading 3.9% above its estimated fair value. The current Cash Ratio is 0.01, which is near median its 10-year median of 0.01 and 99.4% below the Asset Management industry median of 1.59. Coronation Fund Managers' overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Coronation Fund Managers (JSE:CML), the current Cash Ratio is 0.01 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Coronation Fund Managers (JSE:CML) Overvalued in 2026?
Based on GuruFocus' analysis, Coronation Fund Managers stock appears to be overvalued.
The current stock price of R43.58 is trading 3.9% above its estimated GF Value™ of R41.96.
GuruFocus considers Coronation Fund Managers to be Fairly Valued.
Key valuation signals for JSE:CML:
Cash Ratio: 0.01 (near median its 10-year median of 0.01)
GF Value™: R41.96 vs. price of R43.58 (3.9% above fair value)
Industry Position: 99.4% below the Asset Management median (#678 of 685)
No single metric tells the full story. See the JSE:CML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coronation Fund Managers Ltd provides asset management services through segregated and pooled investment vehicles. Clients for the asset manager include pension and provident funds, unit trusts, banks, insurers, and other fund managers. Based out of South Africa, Coronation derives the majority of its revenue from a domestic client base. In addition to managing institutional assets, local retail investors are serviced through non-affiliated channels of independent financial advisors and linked investment service providers. Fund offerings range from income to growth, and also include international portfolios.
72GF Score
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