Guardian Capital Group Balance Sheet Health
Financial Health criteria checks 5/6
Guardian Capital Group has a total shareholder equity of CA$1.2B and total debt of CA$141.4M, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are CA$1.8B and CA$593.0M respectively. Guardian Capital Group's EBIT is CA$54.5M making its interest coverage ratio 4.9. It has cash and short-term investments of CA$173.7M.
Key information
11.4%
Debt to equity ratio
CA$141.40m
Debt
| Interest coverage ratio | 4.9x |
| Cash | CA$173.66m |
| Equity | CA$1.24b |
| Total liabilities | CA$593.02m |
| Total assets | CA$1.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GCAA.F's short term assets (CA$379.5M) do not cover its short term liabilities (CA$474.2M).
Long Term Liabilities: GCAA.F's short term assets (CA$379.5M) exceed its long term liabilities (CA$118.8M).
Debt to Equity History and Analysis
Debt Level: GCAA.F has more cash than its total debt.
Reducing Debt: GCAA.F's debt to equity ratio has reduced from 18.1% to 11.4% over the past 5 years.
Debt Coverage: GCAA.F's debt is well covered by operating cash flow (51.9%).
Interest Coverage: GCAA.F's interest payments on its debt are well covered by EBIT (4.9x coverage).