GP Investments Balance Sheet Health
Financial Health criteria checks 4/6
GP Investments has a total shareholder equity of $440.4M and total debt of $55.9M, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are $514.8M and $74.4M respectively. GP Investments's EBIT is $32.3M making its interest coverage ratio 2.2. It has cash and short-term investments of $31.4M.
Key information
12.7%
Debt to equity ratio
US$55.85m
Debt
Interest coverage ratio | 2.2x |
Cash | US$31.44m |
Equity | US$440.36m |
Total liabilities | US$74.43m |
Total assets | US$514.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GPINA's short term assets ($80.9M) exceed its short term liabilities ($27.2M).
Long Term Liabilities: GPINA's short term assets ($80.9M) exceed its long term liabilities ($47.2M).
Debt to Equity History and Analysis
Debt Level: GPINA's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: GPINA's debt to equity ratio has reduced from 17.2% to 12.7% over the past 5 years.
Debt Coverage: GPINA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GPINA's interest payments on its debt are not well covered by EBIT (2.2x coverage).