Challenger Energy Group Balance Sheet Health
Financial Health criteria checks 1/6
Challenger Energy Group has a total shareholder equity of $96.1M and total debt of $1.9M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are $116.9M and $20.8M respectively.
Key information
2.0%
Debt to equity ratio
US$1.90m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.84m |
| Equity | US$96.14m |
| Total liabilities | US$20.80m |
| Total assets | US$116.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEG's short term assets ($6.2M) do not cover its short term liabilities ($11.0M).
Long Term Liabilities: CEG's short term assets ($6.2M) do not cover its long term liabilities ($9.8M).
Debt to Equity History and Analysis
Debt Level: CEG's net debt to equity ratio (0.06%) is considered satisfactory.
Reducing Debt: CEG's debt to equity ratio has increased from 0% to 2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CEG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CEG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 7.4% each year