GFL Environmental Financial Health
How is GFL Environmental's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: GFL's short term assets (CA$1.5B) do not cover its short term liabilities (CA$2.4B).
Long Term Liabilities: GFL's short term assets (CA$1.5B) do not cover its long term liabilities (CA$10.6B).
Debt to Equity History and Analysis
Debt Level: GFL's net debt to equity ratio (140.4%) is considered high.
Reducing Debt: Insufficient data to determine if GFL's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable GFL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GFL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 50.7% per year.