GMS Balance Sheet Health
Financial Health criteria checks 5/6
GMS has a total shareholder equity of $1.4B and total debt of $872.3M, which brings its debt-to-equity ratio to 61.5%. Its total assets and total liabilities are $3.3B and $1.9B respectively. GMS's EBIT is $459.8M making its interest coverage ratio 6. It has cash and short-term investments of $90.5M.
Key information
61.5%
Debt to equity ratio
US$872.32m
Debt
Interest coverage ratio | 6x |
Cash | US$90.54m |
Equity | US$1.42b |
Total liabilities | US$1.85b |
Total assets | US$3.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLG's short term assets ($1.5B) exceed its short term liabilities ($624.4M).
Long Term Liabilities: CLG's short term assets ($1.5B) exceed its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: CLG's net debt to equity ratio (55.1%) is considered high.
Reducing Debt: CLG's debt to equity ratio has reduced from 178% to 61.5% over the past 5 years.
Debt Coverage: CLG's debt is well covered by operating cash flow (49.7%).
Interest Coverage: CLG's interest payments on its debt are well covered by EBIT (6x coverage).