Goodfellow Balance Sheet Health
Financial Health criteria checks 6/6
Goodfellow has a total shareholder equity of CA$201.2M and total debt of CA$21.6M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are CA$296.0M and CA$94.8M respectively. Goodfellow's EBIT is CA$20.0M making its interest coverage ratio 19.3. It has cash and short-term investments of CA$6.3M.
Key information
10.8%
Debt to equity ratio
CA$21.64m
Debt
| Interest coverage ratio | 19.3x |
| Cash | CA$6.27m |
| Equity | CA$201.16m |
| Total liabilities | CA$94.83m |
| Total assets | CA$295.99m |
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$218.9M) exceed its short term liabilities (CA$78.8M).
Long Term Liabilities: GDL's short term assets (CA$218.9M) exceed its long term liabilities (CA$16.1M).
Debt to Equity History and Analysis
Debt Level: GDL's net debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: GDL's debt to equity ratio has reduced from 49.5% to 10.8% over the past 5 years.
Debt Coverage: GDL's debt is well covered by operating cash flow (27%).
Interest Coverage: GDL's interest payments on its debt are well covered by EBIT (19.3x coverage).