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$136.0M, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are CA$1.7B and CA$490.1M respectively. Guardian Capital Group's EBIT is CA$68.1M making its interest coverage ratio 8.2. It has cash and short-term investments of CA$139.3M.
Key information
10.9%
Debt to equity ratio
CA$136.01m
Debt
| Interest coverage ratio | 8.2x |
| Cash | CA$139.33m |
| Equity | CA$1.24b |
| Total liabilities | CA$490.07m |
| Total assets | CA$1.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GCG's short term assets (CA$262.3M) do not cover its short term liabilities (CA$414.1M).
Long Term Liabilities: GCG's short term assets (CA$262.3M) exceed its long term liabilities (CA$76.0M).
Debt to Equity History and Analysis
Debt Level: GCG has more cash than its total debt.
Reducing Debt: GCG's debt to equity ratio has reduced from 22.7% to 10.9% over the past 5 years.
Debt Coverage: GCG's debt is well covered by operating cash flow (59.9%).
Interest Coverage: GCG's interest payments on its debt are well covered by EBIT (8.2x coverage).