GCM Grosvenor Balance Sheet Health
Financial Health criteria checks 2/6
GCM Grosvenor has a total shareholder equity of $-113.0M and total debt of $448.6M, which brings its debt-to-equity ratio to -396.8%. Its total assets and total liabilities are $575.0M and $688.1M respectively. GCM Grosvenor's EBIT is $43.0M making its interest coverage ratio 3.3. It has cash and short-term investments of $98.4M.
Key information
-396.8%
Debt to equity ratio
US$448.62m
Debt
| Interest coverage ratio | 3.3x |
| Cash | US$98.45m |
| Equity | -US$113.04m |
| Total liabilities | US$688.09m |
| Total assets | US$575.04m |
Recent financial health updates
No updates
Recent updates
GCM Grosvenor (NASDAQ:GCMG) Has Affirmed Its Dividend Of $0.11
Aug 16
GCM Grosvenor: Not Much Upside Left
Jul 20Getting In Cheap On GCM Grosvenor Inc. (NASDAQ:GCMG) Is Unlikely
Jul 17Here's Why GCM Grosvenor Inc.'s (NASDAQ:GCMG) CEO Is Unlikely to Expect A Pay Rise This Year
May 31GCM Grosvenor (NASDAQ:GCMG) Will Pay A Dividend Of $0.11
May 12Grosvenor Capital Management (NASDAQ:GCMG) Is Paying Out A Dividend Of $0.11
Nov 11GCM Grosvenor (NASDAQ:GCMG) Has Affirmed Its Dividend Of $0.11
Aug 28GCM Grosvenor (NASDAQ:GCMG) Has Affirmed Its Dividend Of $0.11
Aug 12GCM Grosvenor (NASDAQ:GCMG) Is Due To Pay A Dividend Of $0.11
May 27GCM Grosvenor (NASDAQ:GCMG) Is Due To Pay A Dividend Of $0.11
May 13Grosvenor Capital Management (NASDAQ:GCMG) Is Paying Out A Larger Dividend Than Last Year
Nov 29GCM Grosvenor reports Q2 results
Aug 09GCM Grosvenor, Blue Wolf agrees to acquire Hallcon
Jul 05Financial Position Analysis
Short Term Liabilities: GCMG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GCMG has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: GCMG has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GCMG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: GCMG's debt is well covered by operating cash flow (30.6%).
Interest Coverage: GCMG's interest payments on its debt are well covered by EBIT (3.3x coverage).