Challenger Gold Balance Sheet Health
Financial Health criteria checks 2/6
Challenger Gold has a total shareholder equity of A$181.0M and total debt of A$15.7M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are A$200.9M and A$19.9M respectively.
Key information
8.7%
Debt to equity ratio
AU$15.72m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$5.72m |
| Equity | AU$181.01m |
| Total liabilities | AU$19.91m |
| Total assets | AU$200.92m |
Financial Position Analysis
Short Term Liabilities: CEL's short term assets (A$6.1M) do not cover its short term liabilities (A$18.4M).
Long Term Liabilities: CEL's short term assets (A$6.1M) exceed its long term liabilities (A$1.5M).
Debt to Equity History and Analysis
Debt Level: CEL's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: CEL's debt to equity ratio has increased from 6.5% to 8.7% over the past 5 years.
Debt Coverage: CEL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CEL's interest payments on its debt are well covered by EBIT.