Gibson Energy Balance Sheet Health
Financial Health criteria checks 3/6
Gibson Energy has a total shareholder equity of CA$912.5M and total debt of CA$2.7B, which brings its debt-to-equity ratio to 297.2%. Its total assets and total liabilities are CA$4.9B and CA$4.0B respectively. Gibson Energy's EBIT is CA$379.5M making its interest coverage ratio 3.5. It has cash and short-term investments of CA$143.8M.
Key information
297.2%
Debt to equity ratio
CA$2.71b
Debt
Interest coverage ratio | 3.5x |
Cash | CA$143.76m |
Equity | CA$912.47m |
Total liabilities | CA$4.03b |
Total assets | CA$4.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GBNX.F's short term assets (CA$1.1B) exceed its short term liabilities (CA$956.6M).
Long Term Liabilities: GBNX.F's short term assets (CA$1.1B) do not cover its long term liabilities (CA$3.1B).
Debt to Equity History and Analysis
Debt Level: GBNX.F's net debt to equity ratio (281.4%) is considered high.
Reducing Debt: GBNX.F's debt to equity ratio has increased from 149.3% to 297.2% over the past 5 years.
Debt Coverage: GBNX.F's debt is well covered by operating cash flow (21.2%).
Interest Coverage: GBNX.F's interest payments on its debt are well covered by EBIT (3.5x coverage).