Great-West Lifeco Balance Sheet Health
Financial Health criteria checks 3/6
Great-West Lifeco has a total shareholder equity of CA$29.9B and total debt of CA$9.3B, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are CA$713.2B and CA$683.4B respectively. Great-West Lifeco's EBIT is CA$12.0B making its interest coverage ratio 1.4. It has cash and short-term investments of CA$170.5B.
Key information
31.1%
Debt to equity ratio
CA$9.29b
Debt
| Interest coverage ratio | 1.4x |
| Cash | CA$170.45b |
| Equity | CA$29.85b |
| Total liabilities | CA$683.38b |
| Total assets | CA$713.23b |
Recent financial health updates
No updates
Recent updates
Investors Aren't Entirely Convinced By Great-West Lifeco Inc.'s (TSE:GWO) Earnings
Mar 30
Great-West Lifeco (TSE:GWO) Has Announced That It Will Be Increasing Its Dividend To CA$0.555
Feb 21Great-West Lifeco Inc. (TSE:GWO) Not Lagging Market On Growth Or Pricing
Dec 29Great-West Lifeco's (TSE:GWO) Upcoming Dividend Will Be Larger Than Last Year's
Feb 13Great-West Lifeco's (TSE:GWO) Dividend Will Be CA$0.49
Nov 16Should You Be Adding Great-West Lifeco (TSE:GWO) To Your Watchlist Today?
Apr 01Here's Why I Think Great-West Lifeco (TSE:GWO) Is An Interesting Stock
Dec 17Great-West Lifeco (TSE:GWO) Has Re-Affirmed Its Dividend Of CA$0.44
Aug 08Here's Why I Think Great-West Lifeco (TSE:GWO) Is An Interesting Stock
Jul 19Financial Position Analysis
Short Term Liabilities: GWO's short term assets (CA$202.1B) exceed its short term liabilities (CA$16.3B).
Long Term Liabilities: GWO's short term assets (CA$202.1B) do not cover its long term liabilities (CA$667.1B).
Debt to Equity History and Analysis
Debt Level: GWO has more cash than its total debt.
Reducing Debt: GWO's debt to equity ratio has increased from 25.2% to 31.1% over the past 5 years.
Debt Coverage: GWO's debt is well covered by operating cash flow (52%).
Interest Coverage: GWO's interest payments on its debt are not well covered by EBIT (1.4x coverage).