Colabor Group Balance Sheet Health
Financial Health criteria checks 3/6
Colabor Group has a total shareholder equity of CA$108.3M and total debt of CA$56.6M, which brings its debt-to-equity ratio to 52.3%. Its total assets and total liabilities are CA$337.6M and CA$229.3M respectively. Colabor Group's EBIT is CA$15.7M making its interest coverage ratio 1.7. It has cash and short-term investments of CA$1.0M.
Key information
52.3%
Debt to equity ratio
CA$56.58m
Debt
| Interest coverage ratio | 1.7x |
| Cash | CA$1.00m |
| Equity | CA$108.28m |
| Total liabilities | CA$229.32m |
| Total assets | CA$337.60m |
Recent financial health updates
Colabor Group (TSE:GCL) Has A Somewhat Strained Balance Sheet
Oct 16
Does Colabor Group (TSE:GCL) Have A Healthy Balance Sheet?
Jul 27Here'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 20Recent updates
Colabor Group Inc.'s (TSE:GCL) 28% Cheaper Price Remains In Tune With Earnings
Nov 15Colabor Group (TSE:GCL) Has A Somewhat Strained Balance Sheet
Oct 16Shareholders May Be More Conservative With Colabor Group Inc.'s (TSE:GCL) CEO Compensation For Now
May 10Market Participants Recognise Colabor Group Inc.'s (TSE:GCL) Earnings
May 04Colabor 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$113.3M) exceed its short term liabilities (CA$71.9M).
Long Term Liabilities: GCL's short term assets (CA$113.3M) do not cover its long term liabilities (CA$157.4M).
Debt to Equity History and Analysis
Debt Level: GCL's net debt to equity ratio (51.3%) is considered high.
Reducing Debt: GCL's debt to equity ratio has reduced from 95.6% to 52.3% over the past 5 years.
Debt Coverage: GCL's debt is well covered by operating cash flow (53.4%).
Interest Coverage: GCL's interest payments on its debt are not well covered by EBIT (1.7x coverage).