Genesis Land Development Corp.

TSX:GDC Stock Report

Market Cap: CA$192.5m

Genesis Land Development Balance Sheet Health

Financial Health criteria checks 4/6

Genesis Land Development has a total shareholder equity of CA$262.3M and total debt of CA$124.3M, which brings its debt-to-equity ratio to 47.4%. Its total assets and total liabilities are CA$510.7M and CA$248.4M respectively. Genesis Land Development's EBIT is CA$47.8M making its interest coverage ratio 11. It has cash and short-term investments of CA$20.8M.

Key information

47.4%

Debt to equity ratio

CA$124.32m

Debt

Interest coverage ratio11x
CashCA$20.77m
EquityCA$262.29m
Total liabilitiesCA$248.39m
Total assetsCA$510.68m

Recent financial health updates

These 4 Measures Indicate That Genesis Land Development (TSE:GDC) Is Using Debt Reasonably Well

Jun 10
These 4 Measures Indicate That Genesis Land Development (TSE:GDC) Is Using Debt Reasonably Well

Recent updates

We Ran A Stock Scan For Earnings Growth And Genesis Land Development (TSE:GDC) Passed With Ease

Dec 03
We Ran A Stock Scan For Earnings Growth And Genesis Land Development (TSE:GDC) Passed With Ease

Shareholders May Not Be So Generous With Genesis Land Development Corp.'s (TSE:GDC) CEO Compensation And Here's Why

May 09
Shareholders May Not Be So Generous With Genesis Land Development Corp.'s (TSE:GDC) CEO Compensation And Here's Why

We Ran A Stock Scan For Earnings Growth And Genesis Land Development (TSE:GDC) Passed With Ease

Apr 23
We Ran A Stock Scan For Earnings Growth And Genesis Land Development (TSE:GDC) Passed With Ease

Fewer Investors Than Expected Jumping On Genesis Land Development Corp. (TSE:GDC)

Mar 08
Fewer Investors Than Expected Jumping On Genesis Land Development Corp. (TSE:GDC)

Here's Why Genesis Land Development (TSE:GDC) Has Caught The Eye Of Investors

Sep 20
Here's Why Genesis Land Development (TSE:GDC) Has Caught The Eye Of Investors

These 4 Measures Indicate That Genesis Land Development (TSE:GDC) Is Using Debt Reasonably Well

Jun 10
These 4 Measures Indicate That Genesis Land Development (TSE:GDC) Is Using Debt Reasonably Well

Would Shareholders Who Purchased Genesis Land Development's (TSE:GDC) Stock Three Years Be Happy With The Share price Today?

Mar 15
Would Shareholders Who Purchased Genesis Land Development's (TSE:GDC) Stock Three Years Be Happy With The Share price Today?

Did Genesis Land Development Corp. (TSE:GDC) Insiders Buy Up More Shares?

Jan 11
Did Genesis Land Development Corp. (TSE:GDC) Insiders Buy Up More Shares?

Should You Use Genesis Land Development's (TSE:GDC) Statutory Earnings To Analyse It?

Dec 21
Should You Use Genesis Land Development's (TSE:GDC) Statutory Earnings To Analyse It?

What Type Of Returns Would Genesis Land Development's(TSE:GDC) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Nov 30
What Type Of Returns Would Genesis Land Development's(TSE:GDC) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Financial Position Analysis

Short Term Liabilities: GDC's short term assets (CA$484.6M) exceed its short term liabilities (CA$75.7M).

Long Term Liabilities: GDC's short term assets (CA$484.6M) exceed its long term liabilities (CA$172.7M).

Debt to Equity History and Analysis

Debt Level: GDC's net debt to equity ratio (39.5%) is considered satisfactory.

Reducing Debt: GDC's debt to equity ratio has increased from 17.5% to 47.4% over the past 5 years.

Debt Coverage: GDC's debt is not well covered by operating cash flow (0.6%).

Interest Coverage: GDC's interest payments on its debt are well covered by EBIT (11x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 19:30
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Genesis Land Development Corp. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey RobertsDesjardins Securities Inc.