Global Education Communities Balance Sheet Health
Financial Health criteria checks 0/6
Global Education Communities has a total shareholder equity of CA$167.9M and total debt of CA$242.7M, which brings its debt-to-equity ratio to 144.5%. Its total assets and total liabilities are CA$481.6M and CA$313.7M respectively. Global Education Communities's EBIT is CA$9.8M making its interest coverage ratio 0.6. It has cash and short-term investments of CA$5.5M.
Key information
144.5%
Debt to equity ratio
CA$242.66m
Debt
| Interest coverage ratio | 0.6x |
| Cash | CA$5.53m |
| Equity | CA$167.88m |
| Total liabilities | CA$313.68m |
| Total assets | CA$481.56m |
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
Investors 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$31.8M) do not cover its short term liabilities (CA$124.4M).
Long Term Liabilities: GEC's short term assets (CA$31.8M) do not cover its long term liabilities (CA$189.3M).
Debt to Equity History and Analysis
Debt Level: GEC's net debt to equity ratio (141.2%) is considered high.
Reducing Debt: GEC's debt to equity ratio has increased from 63% to 144.5% 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 (0.6x coverage).