Codan Financial Health

How is Codan's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CDA's short term assets (A$203.5M) exceed its short term liabilities (A$122.2M).

Long Term Liabilities: CDA's short term assets (A$203.5M) exceed its long term liabilities (A$100.8M).


Debt to Equity History and Analysis

Debt Level: CDA's net debt to equity ratio (8%) is considered satisfactory.

Reducing Debt: CDA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: CDA's debt is well covered by operating cash flow (99.5%).

Interest Coverage: CDA's interest payments on its debt are well covered by EBIT (79.6x coverage).


Balance Sheet


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