Gulf & Pacific Equities Balance Sheet Health
Financial Health criteria checks 1/6
Gulf & Pacific Equities has a total shareholder equity of CA$22.0M and total debt of CA$25.3M, which brings its debt-to-equity ratio to 115.2%. Its total assets and total liabilities are CA$51.6M and CA$29.7M respectively. Gulf & Pacific Equities's EBIT is CA$1.7M making its interest coverage ratio 1. It has cash and short-term investments of CA$736.2K.
Key information
115.2%
Debt to equity ratio
CA$25.29m
Debt
Interest coverage ratio | 1x |
Cash | CA$736.20k |
Equity | CA$21.95m |
Total liabilities | CA$29.69m |
Total assets | CA$51.64m |
Recent financial health updates
Does Gulf & Pacific Equities (CVE:GUF) Have A Healthy Balance Sheet?
Sep 01We Think Gulf & Pacific Equities (CVE:GUF) Is Taking Some Risk With Its Debt
Jan 20Is Gulf & Pacific Equities (CVE:GUF) Using Too Much Debt?
Mar 24Recent updates
Does Gulf & Pacific Equities (CVE:GUF) Have A Healthy Balance Sheet?
Sep 01A Look At The Intrinsic Value Of Gulf & Pacific Equities Corp. (CVE:GUF)
Apr 27Gulf & Pacific Equities' (CVE:GUF) Earnings Are Of Questionable Quality
Apr 30We Think Gulf & Pacific Equities (CVE:GUF) Is Taking Some Risk With Its Debt
Jan 20Is Gulf & Pacific Equities (CVE:GUF) Using Too Much Debt?
Mar 24What Did Gulf & Pacific Equities' (CVE:GUF) CEO Take Home Last Year?
Dec 09Financial Position Analysis
Short Term Liabilities: GUF's short term assets (CA$1.2M) do not cover its short term liabilities (CA$4.8M).
Long Term Liabilities: GUF's short term assets (CA$1.2M) do not cover its long term liabilities (CA$24.9M).
Debt to Equity History and Analysis
Debt Level: GUF's net debt to equity ratio (111.9%) is considered high.
Reducing Debt: GUF's debt to equity ratio has reduced from 157.7% to 115.2% over the past 5 years.
Debt Coverage: GUF's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: GUF's interest payments on its debt are not well covered by EBIT (1x coverage).