Gibson Energy Balance Sheet Health
Financial Health criteria checks 2/6
Gibson Energy has a total shareholder equity of CA$937.3M and total debt of CA$2.6B, which brings its debt-to-equity ratio to 282%. Its total assets and total liabilities are CA$5.2B and CA$4.3B respectively. Gibson Energy's EBIT is CA$332.9M making its interest coverage ratio 2.6. It has cash and short-term investments of CA$108.9M.
Key information
282.0%
Debt to equity ratio
CA$2.64b
Debt
Interest coverage ratio | 2.6x |
Cash | CA$108.86m |
Equity | CA$937.31m |
Total liabilities | CA$4.29b |
Total assets | CA$5.23b |
Recent financial health updates
Is Gibson Energy (TSE:GEI) Using Too Much Debt?
Jan 16Here'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
Market Participants Recognise Gibson Energy Inc.'s (TSE:GEI) Earnings
Jun 07News Flash: Analysts Just Made A Dazzling Upgrade To Their Gibson Energy Inc. (TSE:GEI) Forecasts
May 10Gibson 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 05Financial Position Analysis
Short Term Liabilities: GEI's short term assets (CA$1.3B) exceed its short term liabilities (CA$1.3B).
Long Term Liabilities: GEI's short term assets (CA$1.3B) do not cover its long term liabilities (CA$3.0B).
Debt to Equity History and Analysis
Debt Level: GEI's net debt to equity ratio (270.4%) is considered high.
Reducing Debt: GEI's debt to equity ratio has increased from 156.9% to 282% over the past 5 years.
Debt Coverage: GEI's debt is well covered by operating cash flow (23%).
Interest Coverage: GEI's interest payments on its debt are not well covered by EBIT (2.6x coverage).