Champion Iron Balance Sheet Health
Financial Health criteria checks 5/6
Champion Iron has a total shareholder equity of CA$1.4B and total debt of CA$536.0M, which brings its debt-to-equity ratio to 39.1%. Its total assets and total liabilities are CA$2.6B and CA$1.3B respectively. Champion Iron's EBIT is CA$527.3M making its interest coverage ratio 14.2. It has cash and short-term investments of CA$387.4M.
Key information
39.1%
Debt to equity ratio
CA$535.99m
Debt
| Interest coverage ratio | 14.2x |
| Cash | CA$387.37m |
| Equity | CA$1.37b |
| Total liabilities | CA$1.26b |
| Total assets | CA$2.63b |
Recent financial health updates
We Think Champion Iron (ASX:CIA) Can Stay On Top Of Its Debt
Feb 14
Does Champion Iron (ASX:CIA) Have A Healthy Balance Sheet?
Oct 27Does Champion Iron (ASX:CIA) Have A Healthy Balance Sheet?
Jun 24These 4 Measures Indicate That Champion Iron (ASX:CIA) Is Using Debt Extensively
Mar 01Does Champion Iron (ASX:CIA) Have A Healthy Balance Sheet?
Oct 05Is Champion Iron (ASX:CIA) Using Too Much Debt?
Jul 05Recent updates
Earnings Working Against Champion Iron Limited's (ASX:CIA) Share Price
Apr 24Champion Iron (ASX:CIA) Will Be Hoping To Turn Its Returns On Capital Around
Mar 14We Think Champion Iron (ASX:CIA) Can Stay On Top Of Its Debt
Feb 14Champion Iron Limited (ASX:CIA) Shares Could Be 23% Below Their Intrinsic Value Estimate
Jan 18Pinning Down Champion Iron Limited's (ASX:CIA) P/E Is Difficult Right Now
Jan 04Champion Iron (ASX:CIA) Might Have The Makings Of A Multi-Bagger
Nov 15Does Champion Iron (ASX:CIA) Have A Healthy Balance Sheet?
Oct 27Returns At Champion Iron (ASX:CIA) Are On The Way Up
Jul 12Does Champion Iron (ASX:CIA) Have A Healthy Balance Sheet?
Jun 24Are Investors Undervaluing Champion Iron Limited (ASX:CIA) By 42%?
Apr 14Champion Iron (ASX:CIA) Knows How To Allocate Capital Effectively
Mar 16These 4 Measures Indicate That Champion Iron (ASX:CIA) Is Using Debt Extensively
Mar 01Estimating The Fair Value Of Champion Iron Limited (ASX:CIA)
Dec 13Champion Iron (ASX:CIA) Is Investing Its Capital With Increasing Efficiency
Nov 29Does Champion Iron (ASX:CIA) Have A Healthy Balance Sheet?
Oct 05Champion Iron (ASX:CIA) Is Very Good At Capital Allocation
Aug 08Is Champion Iron (ASX:CIA) Using Too Much Debt?
Jul 05Does Champion Iron (ASX:CIA) Deserve A Spot On Your Watchlist?
Jun 22The Champion Iron Limited (ASX:CIA) Yearly Results Are Out And Analysts Have Published New Forecasts
May 28Champion Iron Limited (ASX:CIA) Shares Could Be 23% Below Their Intrinsic Value Estimate
Apr 27Here's Why Champion Iron (ASX:CIA) Can Manage Its Debt Responsibly
Feb 16Is There An Opportunity With Champion Iron Limited's (ASX:CIA) 46% Undervaluation?
Jan 21Do Champion Iron's (ASX:CIA) Earnings Warrant Your Attention?
Dec 08Is Champion Iron (ASX:CIA) A Risky Investment?
Nov 15Are Investors Undervaluing Champion Iron Limited (ASX:CIA) By 49%?
Sep 08Here's Why I Think Champion Iron (ASX:CIA) Might Deserve Your Attention Today
Aug 19Industry Analysts Just Made A Sizeable Upgrade To Their Champion Iron Limited (ASX:CIA) Revenue Forecasts
Aug 04Financial Position Analysis
Short Term Liabilities: CIA's short term assets (CA$900.1M) exceed its short term liabilities (CA$316.1M).
Long Term Liabilities: CIA's short term assets (CA$900.1M) do not cover its long term liabilities (CA$948.6M).
Debt to Equity History and Analysis
Debt Level: CIA's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: CIA's debt to equity ratio has reduced from 153.8% to 39.1% over the past 5 years.
Debt Coverage: CIA's debt is well covered by operating cash flow (101.1%).
Interest Coverage: CIA's interest payments on its debt are well covered by EBIT (14.2x coverage).