Gibson Energy Balance Sheet Health
Financial Health criteria checks 1/6
Gibson Energy has a total shareholder equity of CA$926.5M and total debt of CA$2.5B, which brings its debt-to-equity ratio to 272.9%. Its total assets and total liabilities are CA$4.8B and CA$3.9B respectively. Gibson Energy's EBIT is CA$391.5M making its interest coverage ratio 2.8. It has cash and short-term investments of CA$55.6M.
Key information
272.9%
Debt to equity ratio
CA$2.53b
Debt
| Interest coverage ratio | 2.8x |
| Cash | CA$55.58m |
| Equity | CA$926.49m |
| Total liabilities | CA$3.85b |
| Total assets | CA$4.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8GB's short term assets (CA$882.5M) do not cover its short term liabilities (CA$1.3B).
Long Term Liabilities: 8GB's short term assets (CA$882.5M) do not cover its long term liabilities (CA$2.6B).
Debt to Equity History and Analysis
Debt Level: 8GB's net debt to equity ratio (266.9%) is considered high.
Reducing Debt: 8GB's debt to equity ratio has increased from 192% to 272.9% over the past 5 years.
Debt Coverage: 8GB's debt is well covered by operating cash flow (27.2%).
Interest Coverage: 8GB's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 14:03 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Gibson Energy Inc. is covered by 27 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nathan Heywood | ATB Capital Markets |
| Christopher Tillett | Barclays |
| Anthony Linton | Barclays |