Great-West Lifeco Balance Sheet Health

Financial Health criteria checks 3/6

Great-West Lifeco has a total shareholder equity of CA$31.3B and total debt of CA$9.1B, which brings its debt-to-equity ratio to 29.1%. Its total assets and total liabilities are CA$779.7B and CA$748.4B respectively. Great-West Lifeco's EBIT is CA$8.3B making its interest coverage ratio 2.2. It has cash and short-term investments of CA$178.9B.

Key information

29.1%

Debt to equity ratio

CA$9.11b

Debt

Interest coverage ratio2.2x
CashCA$178.86b
EquityCA$31.31b
Total liabilitiesCA$748.43b
Total assetsCA$779.74b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: GWS's short term assets (CA$205.8B) exceed its short term liabilities (CA$5.8B).

Long Term Liabilities: GWS's short term assets (CA$205.8B) do not cover its long term liabilities (CA$742.6B).


Debt to Equity History and Analysis

Debt Level: GWS has more cash than its total debt.

Reducing Debt: GWS's debt to equity ratio has increased from 25.1% to 29.1% over the past 5 years.

Debt Coverage: GWS's debt is well covered by operating cash flow (53.1%).

Interest Coverage: GWS's interest payments on its debt are not well covered by EBIT (2.2x coverage).


Balance Sheet


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