G8 Education Balance Sheet Health
Financial Health criteria checks 3/6
G8 Education has a total shareholder equity of A$905.5M and total debt of A$100.3M, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are A$1.9B and A$997.3M respectively. G8 Education's EBIT is A$120.8M making its interest coverage ratio 2.4. It has cash and short-term investments of A$40.3M.
Key information
11.1%
Debt to equity ratio
AU$100.31m
Debt
| Interest coverage ratio | 2.4x |
| Cash | AU$40.30m |
| Equity | AU$905.50m |
| Total liabilities | AU$997.29m |
| Total assets | AU$1.90b |
Recent financial health updates
Here's Why G8 Education (ASX:GEM) Has A Meaningful Debt Burden
Dec 14
We Think G8 Education (ASX:GEM) Can Stay On Top Of Its Debt
Oct 08We Think G8 Education (ASX:GEM) Is Taking Some Risk With Its Debt
Apr 10Recent updates
G8 Education (ASX:GEM) Is Paying Out A Larger Dividend Than Last Year
Mar 05Be Wary Of G8 Education (ASX:GEM) And Its Returns On Capital
Dec 19If EPS Growth Is Important To You, G8 Education (ASX:GEM) Presents An Opportunity
Oct 26G8 Education (ASX:GEM) Has Announced That It Will Be Increasing Its Dividend To A$0.015
Aug 28Here's Why G8 Education (ASX:GEM) Has A Meaningful Debt Burden
Dec 14A Look At The Fair Value Of G8 Education Limited (ASX:GEM)
May 18Should You Think About Buying G8 Education Limited (ASX:GEM) Now?
Apr 13Some Investors May Be Worried About G8 Education's (ASX:GEM) Returns On Capital
Feb 22We Think G8 Education (ASX:GEM) Can Stay On Top Of Its Debt
Oct 08Is It Time To Consider Buying G8 Education Limited (ASX:GEM)?
Sep 17G8 Education Limited (ASX:GEM) Shares Could Be 28% Below Their Intrinsic Value Estimate
May 02We Think G8 Education (ASX:GEM) Is Taking Some Risk With Its Debt
Apr 10Here's What To Make Of G8 Education's (ASX:GEM) Returns On Capital
Mar 11Is Now The Time To Look At Buying G8 Education Limited (ASX:GEM)?
Feb 22G8 Education Limited's (ASX:GEM) Intrinsic Value Is Potentially 46% Above Its Share Price
Feb 01Are Institutions Heavily Invested In G8 Education Limited's (ASX:GEM) Shares?
Jan 11G8 Education's(ASX:GEM) Share Price Is Down 66% Over The Past Five Years.
Dec 21Factors Income Investors Should Consider Before Adding G8 Education Limited (ASX:GEM) To Their Portfolio
Dec 06What Does G8 Education Limited's (ASX:GEM) Share Price Indicate?
Nov 20Is Now The Time To Look At Buying G8 Education Limited (ASX:GEM)?
Aug 10Is It Time To Consider Buying G8 Education Limited (ASX:GEM)?
Aug 10An Intrinsic Calculation For G8 Education Limited (ASX:GEM) Suggests It's 24% Undervalued
Jul 05Financial Position Analysis
Short Term Liabilities: GEM's short term assets (A$78.4M) do not cover its short term liabilities (A$285.3M).
Long Term Liabilities: GEM's short term assets (A$78.4M) do not cover its long term liabilities (A$712.0M).
Debt to Equity History and Analysis
Debt Level: GEM's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: GEM's debt to equity ratio has reduced from 41.6% to 11.1% over the past 5 years.
Debt Coverage: GEM's debt is well covered by operating cash flow (200.9%).
Interest Coverage: GEM's interest payments on its debt are not well covered by EBIT (2.4x coverage).