Great-West Lifeco Balance Sheet Health
Financial Health criteria checks 3/6
Great-West Lifeco has a total shareholder equity of CA$31.3B and total debt of CA$9.1B, which brings its debt-to-equity ratio to 29.1%. Its total assets and total liabilities are CA$779.7B and CA$748.4B respectively. Great-West Lifeco's EBIT is CA$8.3B making its interest coverage ratio 2.2. It has cash and short-term investments of CA$178.9B.
Key information
29.1%
Debt to equity ratio
CA$9.11b
Debt
| Interest coverage ratio | 2.2x |
| Cash | CA$178.86b |
| Equity | CA$31.31b |
| Total liabilities | CA$748.43b |
| Total assets | CA$779.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GWO.PRI's short term assets (CA$205.8B) exceed its short term liabilities (CA$5.8B).
Long Term Liabilities: GWO.PRI's short term assets (CA$205.8B) do not cover its long term liabilities (CA$742.6B).
Debt to Equity History and Analysis
Debt Level: GWO.PRI has more cash than its total debt.
Reducing Debt: GWO.PRI's debt to equity ratio has increased from 25.1% to 29.1% over the past 5 years.
Debt Coverage: GWO.PRI's debt is well covered by operating cash flow (53.1%).
Interest Coverage: GWO.PRI's interest payments on its debt are not well covered by EBIT (2.2x coverage).