Great Elm Capital Balance Sheet Health
Financial Health criteria checks 0/6
Great Elm Capital has a total shareholder equity of $98.7M and total debt of $140.2M, which brings its debt-to-equity ratio to 142%. Its total assets and total liabilities are $246.8M and $148.1M respectively. Great Elm Capital's EBIT is $24.6M making its interest coverage ratio 2.1. It has cash and short-term investments of $953.0K.
Key information
142.0%
Debt to equity ratio
US$140.21m
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$953.00k |
| Equity | US$98.74m |
| Total liabilities | US$148.09m |
| Total assets | US$246.83m |
Recent financial health updates
No updates
Recent updates
Great Elm Capital goes ex-dividend tomorrow
Sep 13Great Elm Capital NII of $0.23 beats by $0.02, Total investment income of $5.51M misses by $0.35M
Aug 04Great Elm Capital announces debt raise
Jun 16Great Elm Capital signs up to $25M in revolving credit facility
May 06Great Elm Capital: Repositioning Into Specialty Finance Business
Dec 31Great Elm Capital EPS beats by $0.05, beats on revenue
Nov 09Great Elm Capital goes ex-dividend tomorrow
Oct 28Financial Position Analysis
Short Term Liabilities: GECC's short term assets ($5.1M) do not cover its short term liabilities ($7.9M).
Long Term Liabilities: GECC's short term assets ($5.1M) do not cover its long term liabilities ($140.2M).
Debt to Equity History and Analysis
Debt Level: GECC's net debt to equity ratio (141%) is considered high.
Reducing Debt: GECC's debt to equity ratio has increased from 69.3% to 142% over the past 5 years.
Debt Coverage: GECC's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: GECC's interest payments on its debt are not well covered by EBIT (2.1x coverage).