Credit Corp Group Balance Sheet Health
Financial Health criteria checks 3/6
Credit Corp Group has a total shareholder equity of A$760.8M and total debt of A$344.3M, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are A$1.2B and A$457.3M respectively.
Key information
45.3%
Debt to equity ratio
AU$344.34m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$31.98m |
| Equity | AU$760.84m |
| Total liabilities | AU$457.31m |
| Total assets | AU$1.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCGF.F's short term assets (A$383.8M) exceed its short term liabilities (A$76.0M).
Long Term Liabilities: CCGF.F's short term assets (A$383.8M) exceed its long term liabilities (A$381.3M).
Debt to Equity History and Analysis
Debt Level: CCGF.F's net debt to equity ratio (41.1%) is considered high.
Reducing Debt: CCGF.F's debt to equity ratio has reduced from 77.8% to 45.3% over the past 5 years.
Debt Coverage: CCGF.F's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: Insufficient data to determine if CCGF.F's interest payments on its debt are well covered by EBIT.