Guardian Capital Group Balance Sheet Health
Financial Health criteria checks 5/6
Guardian Capital Group has a total shareholder equity of CA$1.2B and total debt of CA$141.4M, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are CA$1.8B and CA$593.0M respectively. Guardian Capital Group's EBIT is CA$54.5M making its interest coverage ratio 4.9. It has cash and short-term investments of CA$173.7M.
Key information
11.4%
Debt to equity ratio
CA$141.40m
Debt
| Interest coverage ratio | 4.9x |
| Cash | CA$173.66m |
| Equity | CA$1.24b |
| Total liabilities | CA$593.02m |
| Total assets | CA$1.84b |
Recent financial health updates
No updates
Recent updates
Guardian Capital Group (TSE:GCG.A) Is Increasing Its Dividend To CA$0.37
Feb 26
The Guardian Capital Group Limited (TSE:GCG.A) Analysts Have Been Trimming Their Sales Forecasts
Dec 03Do Guardian Capital Group's (TSE:GCG.A) Earnings Warrant Your Attention?
May 13Guardian Capital Group (TSE:GCG.A) Is Paying Out A Larger Dividend Than Last Year
Apr 10Guardian Capital Group's (TSE:GCG.A) Upcoming Dividend Will Be Larger Than Last Year's
Mar 21Guardian Capital Group (TSE:GCG.A) Will Pay A Larger Dividend Than Last Year At CA$0.24
Mar 04We Think The Compensation For Guardian Capital Group Limited's (TSE:GCG.A) CEO Looks About Right
May 07Guardian Capital Group Limited (TSE:GCG.A) Vies For A Place In Your Dividend Portfolio: Here's Why
Apr 29Is Guardian Capital Group Limited (TSE:GCG.A) Popular Amongst Institutions?
Mar 06The Guardian Capital Group (TSE:GCG.A) Share Price Has Gained 76% And Shareholders Are Hoping For More
Feb 08
We Wouldn't Be Too Quick To Buy Guardian Capital Group Limited (TSE:GCG.A) Before It Goes Ex-Dividend
Jan 04Here's What We Learned About The CEO Pay At Guardian Capital Group Limited (TSE:GCG.A)
Dec 21Financial Position Analysis
Short Term Liabilities: GCG.A's short term assets (CA$379.5M) do not cover its short term liabilities (CA$474.2M).
Long Term Liabilities: GCG.A's short term assets (CA$379.5M) exceed its long term liabilities (CA$118.8M).
Debt to Equity History and Analysis
Debt Level: GCG.A has more cash than its total debt.
Reducing Debt: GCG.A's debt to equity ratio has reduced from 18.1% to 11.4% over the past 5 years.
Debt Coverage: GCG.A's debt is well covered by operating cash flow (51.9%).
Interest Coverage: GCG.A's interest payments on its debt are well covered by EBIT (4.9x coverage).