Challenger Balance Sheet Health
Financial Health criteria checks 4/6
Challenger has a total shareholder equity of A$3.9B and total debt of A$7.4B, which brings its debt-to-equity ratio to 191.7%. Its total assets and total liabilities are A$33.4B and A$29.5B respectively. Challenger's EBIT is A$1.6B making its interest coverage ratio 1.7. It has cash and short-term investments of A$18.3B.
Key information
191.7%
Debt to equity ratio
AU$7.45b
Debt
| Interest coverage ratio | 1.7x |
| Cash | AU$18.27b |
| Equity | AU$3.89b |
| Total liabilities | AU$29.52b |
| Total assets | AU$33.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CGFPD's short term assets (A$19.5B) exceed its short term liabilities (A$10.6B).
Long Term Liabilities: CGFPD's short term assets (A$19.5B) exceed its long term liabilities (A$18.9B).
Debt to Equity History and Analysis
Debt Level: CGFPD has more cash than its total debt.
Reducing Debt: CGFPD's debt to equity ratio has reduced from 204.1% to 191.7% over the past 5 years.
Debt Coverage: CGFPD's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: CGFPD's interest payments on its debt are not well covered by EBIT (1.7x coverage).