Global Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Global Industrial has a total shareholder equity of $279.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $531.6M and $252.4M respectively. Global Industrial's EBIT is $88.4M making its interest coverage ratio 442. It has cash and short-term investments of $38.9M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 442x |
| Cash | US$38.90m |
| Equity | US$279.20m |
| Total liabilities | US$252.40m |
| Total assets | US$531.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GML0's short term assets ($358.9M) exceed its short term liabilities ($178.0M).
Long Term Liabilities: GML0's short term assets ($358.9M) exceed its long term liabilities ($74.4M).
Debt to Equity History and Analysis
Debt Level: GML0 is debt free.
Reducing Debt: GML0 had no debt 5 years ago.
Debt Coverage: GML0 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GML0 has no debt, therefore coverage of interest payments is not a concern.