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 ratio | 2.2x |
| Cash | CA$178.86b |
| Equity | CA$31.31b |
| Total liabilities | CA$748.43b |
| Total assets | CA$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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 19:08 |
| 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
Great-West Lifeco Inc. is covered by 22 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 |
|---|---|
| John Aiken | Barclays |
| Alex Scott | Barclays |
| Tom MacKinnon | BMO Capital Markets Equity Research |