Charter Hall Group Balance Sheet Health
Financial Health criteria checks 5/6
Charter Hall Group has a total shareholder equity of A$3.0B and total debt of A$493.4M, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are A$3.7B and A$764.4M respectively. Charter Hall Group's EBIT is A$169.1M making its interest coverage ratio 5.5. It has cash and short-term investments of A$458.0M.
Key information
16.7%
Debt to equity ratio
AU$493.40m
Debt
Interest coverage ratio | 5.5x |
Cash | AU$458.00m |
Equity | AU$2.96b |
Total liabilities | AU$764.40m |
Total assets | AU$3.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHC's short term assets (A$604.3M) exceed its short term liabilities (A$222.7M).
Long Term Liabilities: CHC's short term assets (A$604.3M) exceed its long term liabilities (A$541.7M).
Debt to Equity History and Analysis
Debt Level: CHC's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: CHC's debt to equity ratio has increased from 14.9% to 16.7% over the past 5 years.
Debt Coverage: CHC's debt is well covered by operating cash flow (93.1%).
Interest Coverage: CHC's interest payments on its debt are well covered by EBIT (5.5x coverage).