Goodfellow Balance Sheet Health
Financial Health criteria checks 6/6
Goodfellow has a total shareholder equity of CA$190.5M and total debt of CA$11.3M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CA$270.3M and CA$79.7M respectively. Goodfellow's EBIT is CA$22.4M making its interest coverage ratio 22. It has cash and short-term investments of CA$4.4M.
Key information
5.9%
Debt to equity ratio
CA$11.31m
Debt
| Interest coverage ratio | 22x |
| Cash | CA$4.40m |
| Equity | CA$190.52m |
| Total liabilities | CA$79.74m |
| Total assets | CA$270.26m |
Recent financial health updates
Is Goodfellow (TSE:GDL) A Risky Investment?
Apr 16
Is Goodfellow (TSE:GDL) Using Too Much Debt?
Jun 04Goodfellow (TSE:GDL) Has A Pretty Healthy Balance Sheet
Jan 30
Goodfellow (TSE:GDL) Seems To Use Debt Quite Sensibly
Jul 26Recent updates
Goodfellow (TSE:GDL) Will Pay A Dividend Of CA$0.50
Mar 03Is Goodfellow (TSE:GDL) A Risky Investment?
Apr 16Do Goodfellow's (TSE:GDL) Earnings Warrant Your Attention?
Jan 12Goodfellow (TSE:GDL) Has Announced That It Will Be Increasing Its Dividend To CA$0.40
Mar 01A Look At The Fair Value Of Goodfellow Inc. (TSE:GDL)
Oct 09We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Goodfellow Inc.'s (TSE:GDL) CEO For Now
Jun 15Is Goodfellow (TSE:GDL) Using Too Much Debt?
Jun 04Goodfellow (TSE:GDL) Is Experiencing Growth In Returns On Capital
Mar 26Goodfellow Inc. (TSE:GDL) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
Feb 27Key Things To Consider Before Buying Goodfellow Inc. (TSE:GDL) For Its Dividend
Feb 17Goodfellow (TSE:GDL) Has A Pretty Healthy Balance Sheet
Jan 30The Goodfellow (TSE:GDL) Share Price Is Up 60% And Shareholders Are Holding On
Jan 12Our Take On The Returns On Capital At Goodfellow (TSE:GDL)
Dec 25We Think Goodfellow's (TSE:GDL) Statutory Profit Might Understate Its Earnings Potential
Dec 08Here's What You Should Know About Goodfellow Inc.'s (TSE:GDL) 2.8% Dividend Yield
Nov 17Key Things To Consider Before Buying Goodfellow Inc. (TSE:GDL) For Its Dividend
Aug 19Goodfellow (TSE:GDL) Seems To Use Debt Quite Sensibly
Jul 26How Much Did Goodfellow's (TSE:GDL) CEO Pocket Last Year?
Jul 08Financial Position Analysis
Short Term Liabilities: GDL's short term assets (CA$208.9M) exceed its short term liabilities (CA$67.8M).
Long Term Liabilities: GDL's short term assets (CA$208.9M) exceed its long term liabilities (CA$12.0M).
Debt to Equity History and Analysis
Debt Level: GDL's net debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: GDL's debt to equity ratio has reduced from 50.8% to 5.9% over the past 5 years.
Debt Coverage: GDL's debt is well covered by operating cash flow (246.7%).
Interest Coverage: GDL's interest payments on its debt are well covered by EBIT (22x coverage).