Global Education Communities Balance Sheet Health
Financial Health criteria checks 0/6
Global Education Communities has a total shareholder equity of CA$166.7M and total debt of CA$243.5M, which brings its debt-to-equity ratio to 146%. Its total assets and total liabilities are CA$486.3M and CA$319.5M respectively. Global Education Communities's EBIT is CA$8.4M making its interest coverage ratio 0.5. It has cash and short-term investments of CA$3.1M.
Key information
146.0%
Debt to equity ratio
CA$243.50m
Debt
| Interest coverage ratio | 0.5x |
| Cash | CA$3.08m |
| Equity | CA$166.75m |
| Total liabilities | CA$319.54m |
| Total assets | CA$486.28m |
Recent financial health updates
Is Global Education Communities (TSE:GEC) A Risky Investment?
Feb 13
Is CIBT Education Group (TSE:MBA) Using Too Much Debt?
Nov 01Here's Why CIBT Education Group (TSE:MBA) Has A Meaningful Debt Burden
Jul 14Is CIBT Education Group (TSE:MBA) A Risky Investment?
Sep 14Is CIBT Education Group (TSE:MBA) Using Too Much Debt?
May 04Here's Why CIBT Education Group (TSE:MBA) Is Weighed Down By Its Debt Load
Jan 11Recent updates
Benign Growth For Global Education Communities Corp. (TSE:GEC) Underpins Its Share Price
Nov 08Returns On Capital Signal Tricky Times Ahead For Global Education Communities (TSE:GEC)
Jun 06Investors Shouldn't Be Too Comfortable With Global Education Communities' (TSE:GEC) Earnings
Apr 26Global Education Communities Corp.'s (TSE:GEC) Shares Lagging The Industry But So Is The Business
Mar 22Is Global Education Communities (TSE:GEC) A Risky Investment?
Feb 13Most Shareholders Will Probably Find That The Compensation For CIBT Education Group Inc.'s (TSE:MBA) CEO Is Reasonable
Feb 04Is CIBT Education Group (TSE:MBA) Using Too Much Debt?
Nov 01Here's Why CIBT Education Group (TSE:MBA) Has A Meaningful Debt Burden
Jul 14Shareholders Will Probably Be Cautious Of Increasing CIBT Education Group Inc.'s (TSE:MBA) CEO Compensation At The Moment
Jan 22Is CIBT Education Group (TSE:MBA) A Risky Investment?
Sep 14Should You Think About Buying CIBT Education Group Inc. (TSE:MBA) Now?
Jun 14Is CIBT Education Group (TSE:MBA) Using Too Much Debt?
May 04At CA$0.73, Is It Time To Put CIBT Education Group Inc. (TSE:MBA) On Your Watch List?
Mar 15Here's Why We Think CIBT Education Group's (TSE:MBA) Statutory Earnings Might Be Conservative
Feb 08
Here's Why CIBT Education Group (TSE:MBA) Is Weighed Down By Its Debt Load
Jan 11What Is CIBT Education Group Inc.'s (TSE:MBA) Share Price Doing?
Nov 25Financial Position Analysis
Short Term Liabilities: GEC's short term assets (CA$29.0M) do not cover its short term liabilities (CA$148.6M).
Long Term Liabilities: GEC's short term assets (CA$29.0M) do not cover its long term liabilities (CA$170.9M).
Debt to Equity History and Analysis
Debt Level: GEC's net debt to equity ratio (144.2%) is considered high.
Reducing Debt: GEC's debt to equity ratio has increased from 66.4% to 146% over the past 5 years.
Debt Coverage: GEC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GEC's interest payments on its debt are not well covered by EBIT (0.5x coverage).