Credit Corp Group Balance Sheet Health

Financial Health criteria checks 3/6

Credit Corp Group has a total shareholder equity of A$760.8M and total debt of A$344.3M, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are A$1.2B and A$457.3M respectively.

Key information

45.3%

Debt to equity ratio

AU$344.34m

Debt

Interest coverage ration/a
CashAU$31.98m
EquityAU$760.84m
Total liabilitiesAU$457.31m
Total assetsAU$1.22b

Recent financial health updates

No updates

Recent updates

Credit Corp Group Limited (ASX:CCP) Surges 26% Yet Its Low P/E Is No Reason For Excitement

Dec 24
Credit Corp Group Limited (ASX:CCP) Surges 26% Yet Its Low P/E Is No Reason For Excitement

Credit Corp Group (ASX:CCP) Has Affirmed Its Dividend Of A$0.36

Aug 30
Credit Corp Group (ASX:CCP) Has Affirmed Its Dividend Of A$0.36

Credit Corp Group (ASX:CCP) Has Announced A Dividend Of A$0.36

Aug 04
Credit Corp Group (ASX:CCP) Has Announced A Dividend Of A$0.36

Credit Corp Group's (ASX:CCP) Upcoming Dividend Will Be Larger Than Last Year's

Feb 24
Credit Corp Group's (ASX:CCP) Upcoming Dividend Will Be Larger Than Last Year's

Dividend Investors: Don't Be Too Quick To Buy Credit Corp Group Limited (ASX:CCP) For Its Upcoming Dividend

Feb 24
Dividend Investors: Don't Be Too Quick To Buy Credit Corp Group Limited (ASX:CCP) For Its Upcoming Dividend

How Does Credit Corp Group Limited (ASX:CCP) Fare As A Dividend Stock?

Feb 03
How Does Credit Corp Group Limited (ASX:CCP) Fare As A Dividend Stock?

Financial Position Analysis

Short Term Liabilities: CCP's short term assets (A$383.8M) exceed its short term liabilities (A$76.0M).

Long Term Liabilities: CCP's short term assets (A$383.8M) exceed its long term liabilities (A$381.3M).


Debt to Equity History and Analysis

Debt Level: CCP's net debt to equity ratio (41.1%) is considered high.

Reducing Debt: CCP's debt to equity ratio has reduced from 77.8% to 45.3% over the past 5 years.

Debt Coverage: CCP's debt is not well covered by operating cash flow (3.9%).

Interest Coverage: Insufficient data to determine if CCP's interest payments on its debt are well covered by EBIT.


Balance Sheet


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