Gibson Energy Balance Sheet Health
Financial Health criteria checks 3/6
Gibson Energy has a total shareholder equity of CA$912.5M and total debt of CA$2.7B, which brings its debt-to-equity ratio to 297.2%. Its total assets and total liabilities are CA$4.9B and CA$4.0B respectively. Gibson Energy's EBIT is CA$379.5M making its interest coverage ratio 3.5. It has cash and short-term investments of CA$143.8M.
Key information
297.2%
Debt to equity ratio
CA$2.71b
Debt
| Interest coverage ratio | 3.5x |
| Cash | CA$143.76m |
| Equity | CA$912.47m |
| Total liabilities | CA$4.03b |
| Total assets | CA$4.95b |
Recent financial health updates
Is Gibson Energy (TSE:GEI) Using Too Much Debt?
Jan 16
Here's Why Gibson Energy (TSE:GEI) Can Manage Its Debt Responsibly
Sep 04These 4 Measures Indicate That Gibson Energy (TSE:GEI) Is Using Debt Reasonably Well
May 09Is Gibson Energy (TSE:GEI) A Risky Investment?
Jan 12Is Gibson Energy (TSE:GEI) Using Too Much Debt?
Oct 13We Think Gibson Energy (TSE:GEI) Can Stay On Top Of Its Debt
Jul 06Recent updates
Gibson Energy Inc. (TSE:GEI) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Feb 23Estimating The Fair Value Of Gibson Energy Inc. (TSE:GEI)
Feb 06Is Gibson Energy (TSE:GEI) Using Too Much Debt?
Jan 16Gibson Energy Inc.'s (TSE:GEI) Popularity With Investors Is Under Threat From Overpricing
Dec 27A Look At The Fair Value Of Gibson Energy Inc. (TSE:GEI)
Nov 02Here's Why Gibson Energy (TSE:GEI) Can Manage Its Debt Responsibly
Sep 04Calculating The Intrinsic Value Of Gibson Energy Inc. (TSE:GEI)
Aug 02Returns On Capital Are Showing Encouraging Signs At Gibson Energy (TSE:GEI)
Jun 01These 4 Measures Indicate That Gibson Energy (TSE:GEI) Is Using Debt Reasonably Well
May 09Are Gibson Energy Inc. (TSE:GEI) Investors Paying Above The Intrinsic Value?
Apr 24Gibson Energy (TSE:GEI) Shareholders Will Want The ROCE Trajectory To Continue
Feb 22Is Gibson Energy (TSE:GEI) A Risky Investment?
Jan 12Gibson Energy's (TSE:GEI) Returns On Capital Are Heading Higher
Nov 23Is Gibson Energy (TSE:GEI) Using Too Much Debt?
Oct 13Are Gibson Energy Inc. (TSE:GEI) Investors Paying Above The Intrinsic Value?
Aug 15Returns Are Gaining Momentum At Gibson Energy (TSE:GEI)
Aug 02We Think Gibson Energy (TSE:GEI) Can Stay On Top Of Its Debt
Jul 06Gibson Energy Inc.'s (TSE:GEI) Intrinsic Value Is Potentially 21% Below Its Share Price
May 09Gibson Energy's (TSE:GEI) Returns On Capital Are Heading Higher
Apr 25Gibson Energy (TSE:GEI) Is Increasing Its Dividend To CA$0.37
Mar 28Gibson Energy's (TSE:GEI) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 26Gibson Energy (TSE:GEI) Shareholders Will Want The ROCE Trajectory To Continue
Jan 15Gibson Energy's (TSE:GEI) Dividend Will Be CA$0.35
Dec 27Gibson Energy (TSE:GEI) Has Announced A Dividend Of CA$0.35
Dec 13Gibson Energy (TSE:GEI) Is Due To Pay A Dividend Of CA$0.35
Nov 29Gibson Energy (TSE:GEI) Is Due To Pay A Dividend Of CA$0.35
Nov 05Gibson Energy (TSE:GEI) Is Due To Pay A Dividend Of CA$0.35
Sep 18Gibson Energy (TSE:GEI) Has Re-Affirmed Its Dividend Of CA$0.35
Sep 04Gibson Energy (TSE:GEI) Has Affirmed Its Dividend Of CA$0.35
Aug 21Gibson Energy (TSE:GEI) Has Re-Affirmed Its Dividend Of CA$0.35
Aug 07These 4 Measures Indicate That Gibson Energy (TSE:GEI) Is Using Debt Extensively
Jul 09Financial Position Analysis
Short Term Liabilities: GEI's short term assets (CA$1.1B) exceed its short term liabilities (CA$956.6M).
Long Term Liabilities: GEI's short term assets (CA$1.1B) do not cover its long term liabilities (CA$3.1B).
Debt to Equity History and Analysis
Debt Level: GEI's net debt to equity ratio (281.4%) is considered high.
Reducing Debt: GEI's debt to equity ratio has increased from 149.3% to 297.2% over the past 5 years.
Debt Coverage: GEI's debt is well covered by operating cash flow (21.2%).
Interest Coverage: GEI's interest payments on its debt are well covered by EBIT (3.5x coverage).