Champion Iron Financial Health
How is Champion Iron's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: CIA's short term assets (CA$539.5M) exceed its short term liabilities (CA$222.6M).
Long Term Liabilities: CIA's short term assets (CA$539.5M) do not cover its long term liabilities (CA$638.1M).
Debt to Equity History and Analysis
Debt Level: CIA's net debt to equity ratio (14.2%) is considered satisfactory.
Reducing Debt: CIA's debt to equity ratio has reduced from 57.7% to 30.5% over the past 5 years.
Debt Coverage: CIA's debt is well covered by operating cash flow (128.3%).
Interest Coverage: CIA's interest payments on its debt are well covered by EBIT (144.5x coverage).