GP Investments Balance Sheet Health
Financial Health criteria checks 4/6
GP Investments has a total shareholder equity of $329.1M and total debt of $34.5M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are $375.7M and $46.6M respectively. GP Investments's EBIT is $14.3M making its interest coverage ratio 1.4. It has cash and short-term investments of $47.3M.
Key information
10.5%
Debt to equity ratio
US$34.50m
Debt
| Interest coverage ratio | 1.4x |
| Cash | US$47.30m |
| Equity | US$329.10m |
| Total liabilities | US$46.60m |
| Total assets | US$375.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GPINA's short term assets ($63.3M) exceed its short term liabilities ($10.7M).
Long Term Liabilities: GPINA's short term assets ($63.3M) exceed its long term liabilities ($35.9M).
Debt to Equity History and Analysis
Debt Level: GPINA has more cash than its total debt.
Reducing Debt: GPINA's debt to equity ratio has reduced from 16.2% to 10.5% 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 (1.4x coverage).