Colabor Group Balance Sheet Health
Financial Health criteria checks 3/6
Colabor Group has a total shareholder equity of CA$108.5M and total debt of CA$61.5M, which brings its debt-to-equity ratio to 56.7%. Its total assets and total liabilities are CA$327.8M and CA$219.4M respectively. Colabor Group's EBIT is CA$15.9M making its interest coverage ratio 2.5. It has cash and short-term investments of CA$2.5M.
Key information
56.7%
Debt to equity ratio
CA$61.52m
Debt
| Interest coverage ratio | 2.5x |
| Cash | CA$2.48m |
| Equity | CA$108.48m |
| Total liabilities | CA$219.35m |
| Total assets | CA$327.83m |
Recent financial health updates
Does Colabor Group (TSE:GCL) Have A Healthy Balance Sheet?
Jul 27
Here's Why Colabor Group (TSE:GCL) Can Manage Its Debt Responsibly
Mar 23Is Colabor Group (TSE:GCL) Using Too Much Debt?
Dec 09Is Colabor Group (TSE:GCL) Using Too Much Debt?
Jul 23Here's Why Colabor Group (TSE:GCL) Has A Meaningful Debt Burden
Mar 20Colabor Group (TSE:GCL) Takes On Some Risk With Its Use Of Debt
Nov 24Recent updates
Colabor Group Inc. (TSE:GCL) Not Lagging Market On Growth Or Pricing
Jan 26Here's Why We Think Colabor Group (TSE:GCL) Is Well Worth Watching
Sep 14Does Colabor Group (TSE:GCL) Have A Healthy Balance Sheet?
Jul 27Here's Why Colabor Group (TSE:GCL) Can Manage Its Debt Responsibly
Mar 23Why Colabor Group Inc. (TSE:GCL) Could Be Worth Watching
Mar 02Is Colabor Group (TSE:GCL) Using Too Much Debt?
Dec 09Is There Now An Opportunity In Colabor Group Inc. (TSE:GCL)?
Oct 22Is Colabor Group (TSE:GCL) Using Too Much Debt?
Jul 23A Look At The Intrinsic Value Of Colabor Group Inc. (TSE:GCL)
May 15Is It Time To Consider Buying Colabor Group Inc. (TSE:GCL)?
Apr 04Here's Why Colabor Group (TSE:GCL) Has A Meaningful Debt Burden
Mar 20Some Investors May Be Willing To Look Past Colabor Group's (TSE:GCL) Soft Earnings
Mar 05Colabor Group Inc.'s (TSE:GCL) 36% Price Boost Is Out Of Tune With Earnings
Mar 02Colabor Group Inc.'s (TSE:GCL) Stock Is Going Strong: Have Financials A Role To Play?
Mar 01Should You Take Comfort From Insider Transactions At Colabor Group Inc. (TSE:GCL)?
Jan 29Did Colabor Group's (TSE:GCL) Share Price Deserve to Gain 26%?
Dec 25
Colabor Group (TSE:GCL) Takes On Some Risk With Its Use Of Debt
Nov 24Financial Position Analysis
Short Term Liabilities: GCL's short term assets (CA$101.4M) exceed its short term liabilities (CA$58.4M).
Long Term Liabilities: GCL's short term assets (CA$101.4M) do not cover its long term liabilities (CA$160.9M).
Debt to Equity History and Analysis
Debt Level: GCL's net debt to equity ratio (54.4%) is considered high.
Reducing Debt: GCL's debt to equity ratio has reduced from 115.6% to 56.7% over the past 5 years.
Debt Coverage: GCL's debt is well covered by operating cash flow (41.6%).
Interest Coverage: GCL's interest payments on its debt are not well covered by EBIT (2.5x coverage).