Global Education Communities Balance Sheet Health
Financial Health criteria checks 0/6
Global Education Communities has a total shareholder equity of CA$136.3M and total debt of CA$224.2M, which brings its debt-to-equity ratio to 164.4%. Its total assets and total liabilities are CA$443.0M and CA$306.6M respectively. Global Education Communities's EBIT is CA$2.8M making its interest coverage ratio 0.2. It has cash and short-term investments of CA$2.5M.
Key information
164.4%
Debt to equity ratio
CA$224.17m
Debt
| Interest coverage ratio | 0.2x |
| Cash | CA$2.46m |
| Equity | CA$136.33m |
| Total liabilities | CA$306.63m |
| Total assets | CA$442.96m |
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$24.9M) do not cover its short term liabilities (CA$186.8M).
Long Term Liabilities: GEC's short term assets (CA$24.9M) do not cover its long term liabilities (CA$119.9M).
Debt to Equity History and Analysis
Debt Level: GEC's net debt to equity ratio (162.6%) is considered high.
Reducing Debt: GEC's debt to equity ratio has increased from 77.3% to 164.4% 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 (0.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 11:27 |
| End of Day Share Price | 2025/01/21 00:00 |
| Earnings | 2024/11/30 |
| Annual Earnings | 2024/08/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Global Education Communities Corp. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Siddharth Rajeev | Fundamental Research Corp. |