Goodfellow Balance Sheet Health
Financial Health criteria checks 6/6
Goodfellow has a total shareholder equity of CA$195.8M and total debt of CA$35.9M, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are CA$302.7M and CA$107.0M respectively. Goodfellow's EBIT is CA$20.4M making its interest coverage ratio 24.8. It has cash and short-term investments of CA$4.8M.
Key information
18.3%
Debt to equity ratio
CA$35.88m
Debt
| Interest coverage ratio | 24.8x |
| Cash | CA$4.82m |
| Equity | CA$195.78m |
| Total liabilities | CA$106.96m |
| Total assets | CA$302.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: O3Z's short term assets (CA$240.4M) exceed its short term liabilities (CA$95.5M).
Long Term Liabilities: O3Z's short term assets (CA$240.4M) exceed its long term liabilities (CA$11.5M).
Debt to Equity History and Analysis
Debt Level: O3Z's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: O3Z's debt to equity ratio has reduced from 60.8% to 18.3% over the past 5 years.
Debt Coverage: O3Z's debt is well covered by operating cash flow (55.1%).
Interest Coverage: O3Z's interest payments on its debt are well covered by EBIT (24.8x coverage).