Great-West Lifeco Balance Sheet Health
Financial Health criteria checks 3/6
Great-West Lifeco has a total shareholder equity of CA$30.2B and total debt of CA$9.1B, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are CA$736.7B and CA$706.5B respectively. Great-West Lifeco's EBIT is CA$7.8B making its interest coverage ratio 2. It has cash and short-term investments of CA$171.0B.
Key information
30.0%
Debt to equity ratio
CA$9.06b
Debt
Interest coverage ratio | 2x |
Cash | CA$171.00b |
Equity | CA$30.24b |
Total liabilities | CA$706.48b |
Total assets | CA$736.72b |
Recent financial health updates
No updates
Recent updates
Market Cool On Great-West Lifeco Inc.'s (TSE:GWO) Earnings
Jun 30Investors Aren't Entirely Convinced By Great-West Lifeco Inc.'s (TSE:GWO) Earnings
Mar 30Great-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 17Financial Position Analysis
Short Term Liabilities: GWO's short term assets (CA$197.3B) exceed its short term liabilities (CA$5.3B).
Long Term Liabilities: GWO's short term assets (CA$197.3B) do not cover its long term liabilities (CA$701.2B).
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 23.3% to 30% over the past 5 years.
Debt Coverage: GWO's debt is well covered by operating cash flow (56.4%).
Interest Coverage: GWO's interest payments on its debt are not well covered by EBIT (2x coverage).