Goodman Group Balance Sheet Health

Financial Health criteria checks 5/6

Goodman Group has a total shareholder equity of A$17.6B and total debt of A$3.2B, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are A$23.1B and A$5.5B respectively. Goodman Group's EBIT is A$83.0M making its interest coverage ratio 4.8. It has cash and short-term investments of A$1.2B.

Key information

18.3%

Debt to equity ratio

AU$3.21b

Debt

Interest coverage ratio	4.8x
Cash	AU$1.21b
Equity	AU$17.55b
Total liabilities	AU$5.51b
Total assets	AU$23.07b

Recent financial health updates

No updates

Recent updates

If EPS Growth Is Important To You, Goodman Group (ASX:GMG) Presents An Opportunity

Nov 11

If EPS Growth Is Important To You, Goodman Group (ASX:GMG) Presents An Opportunity

Jul 25

What Type Of Shareholders Own The Most Number of Goodman Group (ASX:GMG) Shares?

Mar 14

With EPS Growth And More, Goodman Group (ASX:GMG) Is Interesting

Feb 21

Shareholders Of Goodman Group (ASX:GMG) Must Be Happy With Their 235% Total Return

Jan 29

Goodman Group's (ASX:GMG) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Jan 08

Who Has Been Selling Goodman Group (ASX:GMG) Shares?

Dec 18

Why Goodman Group's (ASX:GMG) CEO Pay Matters

Nov 27

Financial Position Analysis

Short Term Liabilities: GMG's short term assets (A$2.2B) exceed its short term liabilities (A$1.3B).

Long Term Liabilities: GMG's short term assets (A$2.2B) do not cover its long term liabilities (A$4.2B).

Debt to Equity History and Analysis

Debt Level: GMG's net debt to equity ratio (11.4%) is considered satisfactory.

Reducing Debt: GMG's debt to equity ratio has reduced from 29.6% to 18.3% over the past 5 years.

Debt Coverage: GMG's debt is well covered by operating cash flow (34.4%).

Interest Coverage: GMG's interest payments on its debt are well covered by EBIT (4.8x coverage).

Goodman Group Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Recent updates

Consensus EPS estimates fall by 11%

Now 20% undervalued

Now 21% undervalued

First half 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates fall by 14%, revenue upgraded

Now 21% undervalued

Consensus EPS estimates fall by 14%

Upcoming dividend of AU$0.15 per share at 1.2% yield

Goodman Group Announces Distribution for the Six Month Period Ended December 31, 2023, Payable on February 23, 2024

Deputy Group CEO recently sold AU$3.3m worth of stock

Goodman Group to Report First Half, 2024 Results on Feb 15, 2024

Consensus EPS estimates fall by 14%, revenue upgraded

Group CEO & Director recently sold AU$19m worth of stock

New minor risk - Insider selling

Deputy Group CEO recently sold AU$12m worth of stock

New minor risk - Profit margin trend

Goodman Group Provides Distribution Guidance for the Fiscal Year 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Goodman Group to Report Fiscal Year 2023 Final Results on Sep 28, 2023

New major risk - Revenue and earnings growth

Upcoming dividend of AU$0.15 per share at 1.5% yield

Goodman Group Announces Fully Paid Ordinary/Units Stapled Securities Dividend for the Six Months Ended June 30, 2023, Payment Date of August 29, 2023

Board Member recently sold AU$20m worth of stock

Insider recently sold AU$402k worth of stock

Goodman Group Provides Earnings Guidance for the Year 2023

High number of new directors

Independent Non-Executive Director recently bought AU$102k worth of stock

Now 20% undervalued

Group CEO & Director recently sold AU$26m worth of stock

First half 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of AU$0.15 per share

Goodman Group Announces Dividend for the Period of Six Months Ending December 31, 2022, Payable on February 24, 2023

Goodman Group to Report Fiscal Year 2023 Results on Aug 17, 2023

If EPS Growth Is Important To You, Goodman Group (ASX:GMG) Presents An Opportunity

Now 22% undervalued after recent price drop

Independent Non-Executive Director recently bought AU$78k worth of stock

Insider recently sold AU$322k worth of stock

Goodman Group Announces Board and Committee Changes

Full year 2022 earnings: Revenues in line with analyst expectations

Goodman Group Provides Group Earnings Guidance for the Fiscal Year 2023

If EPS Growth Is Important To You, Goodman Group (ASX:GMG) Presents An Opportunity

Goodman Group Announces Dividend for the Six Months Ending June 30, 2022, Payable on August 25, 2022

Goodman Group Appoints Vanessa Liu as Director

Insufficient new directors

Consensus forecasts updated

Independent Director recently bought AU$94k worth of stock

Now 22% undervalued after recent price drop

Insufficient new directors

Now 20% undervalued after recent price drop

Here's Why We Think Goodman Group (ASX:GMG) Is Well Worth Watching

Now 20% undervalued after recent price drop

First half 2022 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates increase by 90%

Goodman Group Provides Earnings Guidance for the Fiscal Year 2022

Upcoming dividend of AU$0.15 per share

Deputy Group CEO recently sold AU$6.7m worth of stock

Do Goodman Group's (ASX:GMG) Earnings Warrant Your Attention?

Deputy Group CEO recently sold AU$9.0m worth of stock

Group CEO & Director recently sold AU$4.2m worth of stock

Deputy Group CEO recently bought AU$6.0m worth of stock

Is Now The Time To Put Goodman Group (ASX:GMG) On Your Watchlist?

Consensus forecasts updated

Price target increased to AU$23.41

Full year 2021 earnings released: EPS AU$1.25 (vs AU$0.82 in FY 2020)

Upcoming dividend of AU$0.15 per share

Group CEO & Director recently sold AU$11m worth of stock

Does Goodman Group (ASX:GMG) Deserve A Spot On Your Watchlist?

Goodman Group Reaffirms Earnings Guidance for the Full Year 2021

What Type Of Shareholders Own The Most Number of Goodman Group (ASX:GMG) Shares?

Analysts update estimates

New 90-day low: AU$16.73

With EPS Growth And More, Goodman Group (ASX:GMG) Is Interesting

Revenue and earnings beat expectations

LOGOS Reportedly Taps Moelis in Bid for Milestone Logistics

New 90-day low: AU$17.36