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GFL Environmental Balance Sheet Health
Financial Health criteria checks 3/6
Key information
153.9%
Debt to equity ratio
CA$9.30b
Debt
Interest coverage ratio | 0.3x |
Cash | CA$82.10m |
Equity | CA$6.04b |
Total liabilities | CA$13.72b |
Total assets | CA$19.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GFLU's short term assets (CA$1.4B) do not cover its short term liabilities (CA$2.7B).
Long Term Liabilities: GFLU's short term assets (CA$1.4B) do not cover its long term liabilities (CA$11.0B).
Debt to Equity History and Analysis
Debt Level: GFLU's net debt to equity ratio (152.5%) is considered high.
Reducing Debt: GFLU's debt to equity ratio has reduced from 481% to 153.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable GFLU has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GFLU is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 49.9% per year.