GDI Property Group Balance Sheet Health
Financial Health criteria checks 0/6
GDI Property Group has a total shareholder equity of A$745.9M and total debt of A$361.2M, which brings its debt-to-equity ratio to 48.4%. Its total assets and total liabilities are A$1.1B and A$385.5M respectively. GDI Property Group's EBIT is A$36.8M making its interest coverage ratio 1.8. It has cash and short-term investments of A$8.9M.
Key information
48.4%
Debt to equity ratio
AU$361.16m
Debt
Interest coverage ratio | 1.8x |
Cash | AU$8.90m |
Equity | AU$745.89m |
Total liabilities | AU$385.49m |
Total assets | AU$1.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GDI's short term assets (A$22.9M) do not cover its short term liabilities (A$33.3M).
Long Term Liabilities: GDI's short term assets (A$22.9M) do not cover its long term liabilities (A$352.2M).
Debt to Equity History and Analysis
Debt Level: GDI's net debt to equity ratio (47.2%) is considered high.
Reducing Debt: GDI's debt to equity ratio has increased from 13% to 48.4% over the past 5 years.
Debt Coverage: GDI's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: GDI's interest payments on its debt are not well covered by EBIT (1.8x coverage).