GQG Partners Balance Sheet Health
Financial Health criteria checks 5/6
GQG Partners has a total shareholder equity of $385.5M and total debt of $93.4M, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are $564.8M and $179.3M respectively. GQG Partners's EBIT is $481.2M making its interest coverage ratio 7887.8. It has cash and short-term investments of $127.1M.
Key information
24.2%
Debt to equity ratio
US$93.36m
Debt
| Interest coverage ratio | 7887.8x |
| Cash | US$127.06m |
| Equity | US$385.48m |
| Total liabilities | US$179.32m |
| Total assets | US$564.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6P1's short term assets ($241.4M) exceed its short term liabilities ($156.0M).
Long Term Liabilities: 6P1's short term assets ($241.4M) exceed its long term liabilities ($23.3M).
Debt to Equity History and Analysis
Debt Level: 6P1 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6P1's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6P1's debt is well covered by operating cash flow (380.1%).
Interest Coverage: 6P1's interest payments on its debt are well covered by EBIT (7887.8x coverage).