Chorus Balance Sheet Health

Financial Health criteria checks 0/6

Chorus has a total shareholder equity of NZ$919.0M and total debt of NZ$3.4B, which brings its debt-to-equity ratio to 369.6%. Its total assets and total liabilities are NZ$6.1B and NZ$5.2B respectively. Chorus's EBIT is NZ$246.0M making its interest coverage ratio 1.1. It has cash and short-term investments of NZ$87.0M.

Key information

369.6%

Debt to equity ratio

NZ$3.40b

Debt

Interest coverage ratio1.1x
CashNZ$87.00m
EquityNZ$919.00m
Total liabilitiesNZ$5.20b
Total assetsNZ$6.12b

Recent financial health updates

Recent updates

Chorus Limited's (NZSE:CNU) Shares May Have Run Too Fast Too Soon

Mar 20
Chorus Limited's (NZSE:CNU) Shares May Have Run Too Fast Too Soon

Chorus (NZSE:CNU) Is Due To Pay A Dividend Of NZ$0.19

Mar 01
Chorus (NZSE:CNU) Is Due To Pay A Dividend Of NZ$0.19

The Returns On Capital At Chorus (NZSE:CNU) Don't Inspire Confidence

Feb 26
The Returns On Capital At Chorus (NZSE:CNU) Don't Inspire Confidence

Here's Why It's Unlikely That Chorus Limited's (NZSE:CNU) CEO Will See A Pay Rise This Year

Nov 01
Here's Why It's Unlikely That Chorus Limited's (NZSE:CNU) CEO Will See A Pay Rise This Year

Is Chorus (NZSE:CNU) Using Too Much Debt?

Oct 03
Is Chorus (NZSE:CNU) Using Too Much Debt?

Chorus (NZSE:CNU) Will Pay A Larger Dividend Than Last Year At NZ$0.255

Sep 06
Chorus (NZSE:CNU) Will Pay A Larger Dividend Than Last Year At NZ$0.255

Chorus (NZSE:CNU) Has Announced That It Will Be Increasing Its Dividend To NZ$0.255

Aug 23
Chorus (NZSE:CNU) Has Announced That It Will Be Increasing Its Dividend To NZ$0.255

Investors Could Be Concerned With Chorus' (NZSE:CNU) Returns On Capital

Jul 27
Investors Could Be Concerned With Chorus' (NZSE:CNU) Returns On Capital

Are Investors Undervaluing Chorus Limited (NZSE:CNU) By 44%?

Jul 07
Are Investors Undervaluing Chorus Limited (NZSE:CNU) By 44%?

These 4 Measures Indicate That Chorus (NZSE:CNU) Is Using Debt Extensively

Mar 30
These 4 Measures Indicate That Chorus (NZSE:CNU) Is Using Debt Extensively

Are Investors Undervaluing Chorus Limited (NZSE:CNU) By 47%?

Mar 15
Are Investors Undervaluing Chorus Limited (NZSE:CNU) By 47%?

Chorus' (NZSE:CNU) Soft Earnings Don't Show The Whole Picture

Feb 27
Chorus' (NZSE:CNU) Soft Earnings Don't Show The Whole Picture

Chorus' (NZSE:CNU) Returns On Capital Not Reflecting Well On The Business

Jan 18
Chorus' (NZSE:CNU) Returns On Capital Not Reflecting Well On The Business

Chorus (NZSE:CNU) Use Of Debt Could Be Considered Risky

Dec 25
Chorus (NZSE:CNU) Use Of Debt Could Be Considered Risky

Is Chorus Limited (NZSE:CNU) Trading At A 40% Discount?

Dec 13
Is Chorus Limited (NZSE:CNU) Trading At A 40% Discount?

Chorus' (NZSE:CNU) Dividend Will Be Increased To NZ$0.21

Sep 07
Chorus' (NZSE:CNU) Dividend Will Be Increased To NZ$0.21

Chorus (NZSE:CNU) Will Pay A Larger Dividend Than Last Year At NZ$0.21

Aug 24
Chorus (NZSE:CNU) Will Pay A Larger Dividend Than Last Year At NZ$0.21

Investors Could Be Concerned With Chorus' (NZSE:CNU) Returns On Capital

Jun 23
Investors Could Be Concerned With Chorus' (NZSE:CNU) Returns On Capital

Is Chorus (NZSE:CNU) Using Too Much Debt?

Jun 07
Is Chorus (NZSE:CNU) Using Too Much Debt?

Chorus (NZSE:CNU) Is Paying Out A Larger Dividend Than Last Year

Mar 10
Chorus (NZSE:CNU) Is Paying Out A Larger Dividend Than Last Year

Chorus (NZSE:CNU) Is Paying Out A Larger Dividend Than Last Year

Feb 23
Chorus (NZSE:CNU) Is Paying Out A Larger Dividend Than Last Year

Does Chorus (NZSE:CNU) Have A Healthy Balance Sheet?

Feb 21
Does Chorus (NZSE:CNU) Have A Healthy Balance Sheet?

The Returns On Capital At Chorus (NZSE:CNU) Don't Inspire Confidence

Oct 02
The Returns On Capital At Chorus (NZSE:CNU) Don't Inspire Confidence

Here's Why Chorus (NZSE:CNU) Is Weighed Down By Its Debt Load

Sep 17
Here's Why Chorus (NZSE:CNU) Is Weighed Down By Its Debt Load

Chorus (NZSE:CNU) Has Announced That It Will Be Increasing Its Dividend To NZ$0.17

Aug 25
Chorus (NZSE:CNU) Has Announced That It Will Be Increasing Its Dividend To NZ$0.17

Capital Allocation Trends At Chorus (NZSE:CNU) Aren't Ideal

Jun 14
Capital Allocation Trends At Chorus (NZSE:CNU) Aren't Ideal

Chorus (NZSE:CNU) Use Of Debt Could Be Considered Risky

May 15
Chorus (NZSE:CNU) Use Of Debt Could Be Considered Risky

Chorus Limited (NZSE:CNU) Shares Could Be 50% Below Their Intrinsic Value Estimate

Mar 29
Chorus Limited (NZSE:CNU) Shares Could Be 50% Below Their Intrinsic Value Estimate

Need To Know: Chorus Limited (NZSE:CNU) Insiders Have Been Buying Shares

Mar 17
Need To Know: Chorus Limited (NZSE:CNU) Insiders Have Been Buying Shares

Here's What To Make Of Chorus' (NZSE:CNU) Returns On Capital

Mar 04
Here's What To Make Of Chorus' (NZSE:CNU) Returns On Capital

Chorus (NZSE:CNU) Has Gifted Shareholders With A Fantastic 147% Total Return On Their Investment

Feb 19
Chorus (NZSE:CNU) Has Gifted Shareholders With A Fantastic 147% Total Return On Their Investment

Investors In Chorus Limited (NZSE:CNU) Should Consider This, First

Jan 21
Investors In Chorus Limited (NZSE:CNU) Should Consider This, First

Should Chorus Limited (NZSE:CNU) Focus On Improving This Fundamental Metric?

Jan 03
Should Chorus Limited (NZSE:CNU) Focus On Improving This Fundamental Metric?

Independent Chairman Patrick Strange Just Bought 24% More Shares In Chorus Limited (NZSE:CNU)

Dec 16
Independent Chairman Patrick Strange Just Bought 24% More Shares In Chorus Limited (NZSE:CNU)

What You Need To Know About Chorus Limited's (NZSE:CNU) Investor Composition

Dec 04
What You Need To Know About Chorus Limited's (NZSE:CNU) Investor Composition

Did You Participate In Any Of Chorus' (NZSE:CNU) Fantastic 260% Return ?

Nov 19
Did You Participate In Any Of Chorus' (NZSE:CNU) Fantastic 260% Return ?

Financial Position Analysis

Short Term Liabilities: CNU's short term assets (NZ$239.0M) do not cover its short term liabilities (NZ$430.0M).

Long Term Liabilities: CNU's short term assets (NZ$239.0M) do not cover its long term liabilities (NZ$4.8B).


Debt to Equity History and Analysis

Debt Level: CNU's net debt to equity ratio (360.2%) is considered high.

Reducing Debt: CNU's debt to equity ratio has increased from 273.6% to 369.6% over the past 5 years.

Debt Coverage: CNU's debt is not well covered by operating cash flow (15.6%).

Interest Coverage: CNU's interest payments on its debt are not well covered by EBIT (1.1x coverage).


Balance Sheet


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