Combined Motor Holdings (JSE:CMH) Cash-to-Debt : 0.45 (As of Feb. 2024)

View and export this data going back to 1987. Start your Free Trial

What is Combined Motor Holdings Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Combined Motor Holdings's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.45.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Combined Motor Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

The historical rank and industry rank for Combined Motor Holdings's Cash-to-Debt or its related term are showing as below:

JSE:CMH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.37 Med: 0.53 Max: 0.69
Current: 0.45

During the past 13 years, Combined Motor Holdings's highest Cash to Debt Ratio was 0.69. The lowest was 0.37. And the median was 0.53.

JSE:CMH's Cash-to-Debt is ranked worse than
55.88% of 1301 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs JSE:CMH: 0.45

Combined Motor Holdings Cash-to-Debt Historical Data

The historical data trend for Combined Motor Holdings's Cash-to-Debt can be seen below:

* 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Combined Motor Holdings Cash-to-Debt Chart

Combined Motor Holdings Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash-to-Debt

Get a 7-Day Free Trial

0.52

0.69

0.61

0.41

0.45

Combined Motor Holdings Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															0.61	0.38	0.41	0.31	0.45

Competitive Comparison of Combined Motor Holdings's Cash-to-Debt

For the Auto & Truck Dealerships subindustry, Combined Motor Holdings's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

Combined Motor Holdings's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Combined Motor Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Combined Motor Holdings's Cash-to-Debt falls into.

Combined Motor Holdings Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Combined Motor Holdings's Cash to Debt Ratio for the fiscal year that ended in Feb. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	815.105	/	(1045.436	+	781.582)
	=	0.45

Combined Motor Holdings's Cash to Debt Ratio for the quarter that ended in Feb. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	815.105	/	(1045.436	+	781.582)
	=	0.45

Combined Motor Holdings (JSE:CMH) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Combined Motor Holdings Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Combined Motor Holdings's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Combined Motor Holdings (JSE:CMH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Combined Motor Holdings Ltd (JSE:CMH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Wilton Crescent, Umhlanga Ridge, Durban, ZAF, 4319

Website

https://www.cmh.co.za

Combined Motor Holdings Ltd is a South Africa-based investment holding company. The company with its subsidiaries is primarily engaged in retail motor, car hire, and financial services. The company operates in four business segments namely Motor retail and distribution segment which comprises of retail motor dealerships of Volvo, Land Rover, Jaguar, Honda, Ford, Mazda, General Motors, Lexus, Mitsubishi, Volkswagen, Toyota, and Morris Garages, among others which also contributes a major part of revenue; Car Hire segment; Financial services segment and, Corporate services and others segment. The majority of its revenue is earned from the South African market.

Combined Motor Holdings (JSE:CMH) Headlines

No Headlines