Goodfellow Balance Sheet Health
Financial Health criteria checks 6/6
Goodfellow has a total shareholder equity of CA$186.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$246.9M and CA$60.1M respectively. Goodfellow's EBIT is CA$47.9M making its interest coverage ratio 26.2. It has cash and short-term investments of CA$3.4M.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | 26.2x |
Cash | CA$3.42m |
Equity | CA$186.78m |
Total liabilities | CA$60.14m |
Total assets | CA$246.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GFEL.F's short term assets (CA$185.1M) exceed its short term liabilities (CA$43.5M).
Long Term Liabilities: GFEL.F's short term assets (CA$185.1M) exceed its long term liabilities (CA$16.6M).
Debt to Equity History and Analysis
Debt Level: GFEL.F is debt free.
Reducing Debt: GFEL.F has no debt compared to 5 years ago when its debt to equity ratio was 48%.
Debt Coverage: GFEL.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GFEL.F has no debt, therefore coverage of interest payments is not a concern.