BGC Group Balance Sheet Health
Financial Health criteria checks 3/6
BGC Group has a total shareholder equity of $924.9M and total debt of $1.2B, which brings its debt-to-equity ratio to 131.9%. Its total assets and total liabilities are $4.4B and $3.5B respectively.
Key information
131.9%
Debt to equity ratio
US$1.22b
Debt
Interest coverage ratio | n/a |
Cash | US$634.01m |
Equity | US$924.87m |
Total liabilities | US$3.45b |
Total assets | US$4.38b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BGC's short term assets ($2.9B) exceed its short term liabilities ($2.4B).
Long Term Liabilities: BGC's short term assets ($2.9B) exceed its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: BGC's net debt to equity ratio (63.4%) is considered high.
Reducing Debt: BGC's debt to equity ratio has increased from 115.4% to 131.9% over the past 5 years.
Debt Coverage: BGC's debt is well covered by operating cash flow (33.2%).
Interest Coverage: Insufficient data to determine if BGC's interest payments on its debt are well covered by EBIT.