Credit Corp Group Balance Sheet Health
Financial Health criteria checks 1/6
Credit Corp Group has a total shareholder equity of A$825.7M and total debt of A$384.6M, which brings its debt-to-equity ratio to 46.6%. Its total assets and total liabilities are A$1.3B and A$498.7M respectively.
Key information
46.6%
Debt to equity ratio
AU$384.55m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$34.85m |
| Equity | AU$825.67m |
| Total liabilities | AU$498.66m |
| Total assets | AU$1.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCGF.F's short term assets (A$419.0M) exceed its short term liabilities (A$79.7M).
Long Term Liabilities: CCGF.F's short term assets (A$419.0M) do not cover its long term liabilities (A$419.0M).
Debt to Equity History and Analysis
Debt Level: CCGF.F's net debt to equity ratio (42.4%) is considered high.
Reducing Debt: CCGF.F's debt to equity ratio has increased from 30.8% to 46.6% over the past 5 years.
Debt Coverage: CCGF.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CCGF.F's interest payments on its debt are well covered by EBIT.