Gulf Island Fabrication Balance Sheet Health
Financial Health criteria checks 5/6
Gulf Island Fabrication has a total shareholder equity of $79.0M and total debt of $20.0M, which brings its debt-to-equity ratio to 25.3%. Its total assets and total liabilities are $128.4M and $49.5M respectively.
Key information
25.3%
Debt to equity ratio
US$20.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$46.41m |
| Equity | US$78.97m |
| Total liabilities | US$49.46m |
| Total assets | US$128.43m |
Recent financial health updates
Is Gulf Island Fabrication (NASDAQ:GIFI) Using Too Much Debt?
Apr 09
Is Gulf Island Fabrication (NASDAQ:GIFI) Weighed On By Its Debt Load?
Oct 06Is Gulf Island Fabrication (NASDAQ:GIFI) Using Debt In A Risky Way?
Mar 01Recent updates
Is Gulf Island Fabrication (NASDAQ:GIFI) Using Too Much Debt?
Apr 09Gulf Island Fabrication, Inc.'s (NASDAQ:GIFI) Share Price Could Signal Some Risk
Mar 01Gulf Island Fabrication, Inc. (NASDAQ:GIFI) Looks Inexpensive But Perhaps Not Attractive Enough
Oct 10Is Gulf Island Fabrication (NASDAQ:GIFI) Weighed On By Its Debt Load?
Oct 06Gulf island awarded fabrication contract in Gulf of Mexico
Sep 08Gulf Island Fabrication: Major Potential Catalyst Revealed In Q2 Earnings Call
Aug 16Gulf Island Fabrication GAAP EPS of $0.03 beats by $0.17, revenue of $35.9M beats by $15.32M
Aug 09Gulf Island Fabrication: 3 Catalysts For A Successful 2022
Mar 14Gulf Island Fabrication: The Turnaround Continues
Apr 26Is Gulf Island Fabrication (NASDAQ:GIFI) Using Debt In A Risky Way?
Mar 01Gulf Island Fabrication's (NASDAQ:GIFI) Shareholders Are Down 73% On Their Shares
Jan 25Read This Before Selling Gulf Island Fabrication, Inc. (NASDAQ:GIFI) Shares
Dec 21
Financial Position Analysis
Short Term Liabilities: GIFI's short term assets ($101.6M) exceed its short term liabilities ($29.8M).
Long Term Liabilities: GIFI's short term assets ($101.6M) exceed its long term liabilities ($19.6M).
Debt to Equity History and Analysis
Debt Level: GIFI has more cash than its total debt.
Reducing Debt: GIFI's debt to equity ratio has increased from 0% to 25.3% 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 GIFI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GIFI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 19.4% per year.