Gulf Island Fabrication Balance Sheet Health
Financial Health criteria checks 5/6
Gulf Island Fabrication has a total shareholder equity of $88.8M and total debt of $20.0M, which brings its debt-to-equity ratio to 22.5%. Its total assets and total liabilities are $130.8M and $42.0M respectively. Gulf Island Fabrication's EBIT is $7.6M making its interest coverage ratio -3.5. It has cash and short-term investments of $65.4M.
Key information
22.5%
Debt to equity ratio
US$20.00m
Debt
| Interest coverage ratio | -3.5x |
| Cash | US$65.35m |
| Equity | US$88.80m |
| Total liabilities | US$41.97m |
| Total assets | US$130.77m |
Recent financial health updates
Does Gulf Island Fabrication (NASDAQ:GIFI) Have A Healthy Balance Sheet?
Nov 07
Is Gulf Island Fabrication (NASDAQ:GIFI) Using Too Much Debt?
Apr 09Is 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
Market Might Still Lack Some Conviction On Gulf Island Fabrication, Inc. (NASDAQ:GIFI) Even After 26% Share Price Boost
Nov 12Does Gulf Island Fabrication (NASDAQ:GIFI) Have A Healthy Balance Sheet?
Nov 07Not Many Are Piling Into Gulf Island Fabrication, Inc. (NASDAQ:GIFI) Just Yet
Aug 08Gulf Island Fabrication: Turnaround Complete, Market Still Late To The Party
Jun 03Shareholders Will Probably Hold Off On Increasing Gulf Island Fabrication, Inc.'s (NASDAQ:GIFI) CEO Compensation For The Time Being
May 10Is 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 ($102.5M) exceed its short term liabilities ($22.3M).
Long Term Liabilities: GIFI's short term assets ($102.5M) exceed its long term liabilities ($19.7M).
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 22.5% over the past 5 years.
Debt Coverage: GIFI's debt is well covered by operating cash flow (116.6%).
Interest Coverage: GIFI earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 03:33 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Gulf Island Fabrication, Inc. is covered by 8 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Norfleet | BB&T Capital Markets |
| Randy Bhatia | Capital One Securities, Inc. |
| Martin Malloy | Johnson Rice & Company, L.L.C. |