GFL Environmental Balance Sheet Health
Financial Health criteria checks 1/6
GFL Environmental has a total shareholder equity of CA$7.4B and total debt of CA$8.8B, which brings its debt-to-equity ratio to 119.8%. Its total assets and total liabilities are CA$19.9B and CA$12.5B respectively. GFL Environmental's EBIT is CA$389.2M making its interest coverage ratio 0.7. It has cash and short-term investments of CA$135.7M.
Key information
119.8%
Debt to equity ratio
CA$8.85b
Debt
| Interest coverage ratio | 0.7x |
| Cash | CA$135.70m |
| Equity | CA$7.39b |
| Total liabilities | CA$12.49b |
| Total assets | CA$19.88b |
Recent financial health updates
We Think GFL Environmental (TSE:GFL) Is Taking Some Risk With Its Debt
Feb 17
Is GFL Environmental (TSE:GFL) A Risky Investment?
Nov 14Here's Why GFL Environmental (TSE:GFL) Can Manage Its Debt Responsibly
Aug 15We Think GFL Environmental (TSE:GFL) Can Stay On Top Of Its Debt
May 09Is GFL Environmental (TSE:GFL) A Risky Investment?
Feb 06GFL Environmental (TSE:GFL) Has A Somewhat Strained Balance Sheet
Nov 04Recent updates
An Intrinsic Calculation For GFL Environmental Inc. (TSE:GFL) Suggests It's 23% Undervalued
Apr 09We Think GFL Environmental (TSE:GFL) Is Taking Some Risk With Its Debt
Feb 17Is Now An Opportune Moment To Examine GFL Environmental Inc. (TSE:GFL)?
Jan 30Revenues Not Telling The Story For GFL Environmental Inc. (TSE:GFL)
Dec 22Is GFL Environmental (TSE:GFL) A Risky Investment?
Nov 14Is Now An Opportune Moment To Examine GFL Environmental Inc. (TSE:GFL)?
Oct 27GFL Environmental Inc.'s (TSE:GFL) Intrinsic Value Is Potentially 28% Above Its Share Price
Sep 20Here's Why GFL Environmental (TSE:GFL) Can Manage Its Debt Responsibly
Aug 15Is Now An Opportune Moment To Examine GFL Environmental Inc. (TSE:GFL)?
Jul 28GFL Environmental Inc.'s (TSE:GFL) Share Price Could Signal Some Risk
Jun 13We Think GFL Environmental (TSE:GFL) Can Stay On Top Of Its Debt
May 09Estimating The Fair Value Of GFL Environmental Inc. (TSE:GFL)
Apr 18Is GFL Environmental (TSE:GFL) A Risky Investment?
Feb 06When Should You Buy GFL Environmental Inc. (TSE:GFL)?
Jan 19Calculating The Intrinsic Value Of GFL Environmental Inc. (TSE:GFL)
Dec 29GFL Environmental (TSE:GFL) Has A Somewhat Strained Balance Sheet
Nov 04Why GFL Environmental Inc. (TSE:GFL) Could Be Worth Watching
Sep 28Is There An Opportunity With GFL Environmental Inc.'s (TSE:GFL) 44% Undervaluation?
Jul 31Does GFL Environmental (TSE:GFL) Have A Healthy Balance Sheet?
Jun 12Financial Position Analysis
Short Term Liabilities: GFL's short term assets (CA$1.5B) do not cover its short term liabilities (CA$1.8B).
Long Term Liabilities: GFL's short term assets (CA$1.5B) do not cover its long term liabilities (CA$10.7B).
Debt to Equity History and Analysis
Debt Level: GFL's net debt to equity ratio (117.9%) is considered high.
Reducing Debt: GFL's debt to equity ratio has reduced from 195.9% to 119.8% over the past 5 years.
Debt Coverage: GFL's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: GFL's interest payments on its debt are not well covered by EBIT (0.7x coverage).