Challenger Balance Sheet Health
Financial Health criteria checks 3/6
Challenger has a total shareholder equity of A$3.9B and total debt of A$7.0B, which brings its debt-to-equity ratio to 179.8%. Its total assets and total liabilities are A$33.1B and A$29.2B respectively. Challenger's EBIT is A$1.3B making its interest coverage ratio 1.6. It has cash and short-term investments of A$18.2B.
Key information
179.8%
Debt to equity ratio
AU$7.02b
Debt
Interest coverage ratio | 1.6x |
Cash | AU$18.20b |
Equity | AU$3.90b |
Total liabilities | AU$29.23b |
Total assets | AU$33.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CGF's short term assets (A$20.2B) exceed its short term liabilities (A$5.8B).
Long Term Liabilities: CGF's short term assets (A$20.2B) do not cover its long term liabilities (A$23.4B).
Debt to Equity History and Analysis
Debt Level: CGF has more cash than its total debt.
Reducing Debt: CGF's debt to equity ratio has reduced from 209.3% to 179.8% over the past 5 years.
Debt Coverage: CGF's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: CGF's interest payments on its debt are not well covered by EBIT (1.6x coverage).