Challenger Balance Sheet Health
Financial Health criteria checks 5/6
Challenger has a total shareholder equity of A$4.2B and total debt of A$6.2B, which brings its debt-to-equity ratio to 149.3%. Its total assets and total liabilities are A$30.9B and A$26.8B respectively. Challenger's EBIT is A$1.0B making its interest coverage ratio 1.9. It has cash and short-term investments of A$17.0B.
Key information
149.3%
Debt to equity ratio
AU$6.22b
Debt
| Interest coverage ratio | 1.9x |
| Cash | AU$16.97b |
| Equity | AU$4.16b |
| Total liabilities | AU$26.77b |
| Total assets | AU$30.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CFIG.Y's short term assets (A$18.1B) exceed its short term liabilities (A$9.7B).
Long Term Liabilities: CFIG.Y's short term assets (A$18.1B) exceed its long term liabilities (A$17.1B).
Debt to Equity History and Analysis
Debt Level: CFIG.Y has more cash than its total debt.
Reducing Debt: CFIG.Y's debt to equity ratio has reduced from 197.9% to 149.3% over the past 5 years.
Debt Coverage: CFIG.Y's debt is well covered by operating cash flow (20.5%).
Interest Coverage: CFIG.Y's interest payments on its debt are not well covered by EBIT (1.9x coverage).