Goosehead Insurance Balance Sheet Health
Financial Health criteria checks 4/6
Goosehead Insurance has a total shareholder equity of $2.2M and total debt of $94.7M, which brings its debt-to-equity ratio to 4218.4%. Its total assets and total liabilities are $358.1M and $355.8M respectively. Goosehead Insurance's EBIT is $35.7M making its interest coverage ratio 7.1. It has cash and short-term investments of $47.5M.
Key information
4,218.4%
Debt to equity ratio
US$94.70m
Debt
| Interest coverage ratio | 7.1x |
| Cash | US$47.54m |
| Equity | US$2.25m |
| Total liabilities | US$355.82m |
| Total assets | US$358.06m |
Recent financial health updates
No updates
Recent updates
Revenues Tell The Story For Goosehead Insurance, Inc (NASDAQ:GSHD) As Its Stock Soars 31%
Nov 12
We Ran A Stock Scan For Earnings Growth And Goosehead Insurance (NASDAQ:GSHD) Passed With Ease
Oct 24Why Investors Shouldn't Be Surprised By Goosehead Insurance, Inc's (NASDAQ:GSHD) 53% Share Price Surge
Jul 26If EPS Growth Is Important To You, Goosehead Insurance (NASDAQ:GSHD) Presents An Opportunity
Jul 24Getting In Cheap On Goosehead Insurance, Inc (NASDAQ:GSHD) Might Be Difficult
Apr 28Goosehead Insurance, Inc (NASDAQ:GSHD) Not Flying Under The Radar
Jan 06Goosehead Insurance names Mark Jones as new CFO
Sep 12Goosehead Insurance: The Industry's Best Near-Term Capital Gain Buy
Aug 16Goosehead Insurance: Stable Fundamentals In Contrast With Stock Price Overvaluation
May 17Goosehead Insurance Looks To Big-$ Investors As A Best Near-Term Finance Sector Buy
Feb 18Financial Position Analysis
Short Term Liabilities: GSHD's short term assets ($76.8M) exceed its short term liabilities ($49.5M).
Long Term Liabilities: GSHD's short term assets ($76.8M) do not cover its long term liabilities ($306.3M).
Debt to Equity History and Analysis
Debt Level: GSHD's net debt to equity ratio (2100.6%) is considered high.
Reducing Debt: GSHD had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: GSHD's debt is well covered by operating cash flow (76.5%).
Interest Coverage: GSHD's interest payments on its debt are well covered by EBIT (7.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 00:57 |
| End of Day Share Price | 2024/12/30 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
Goosehead Insurance, Inc is covered by 16 analysts. 9 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 |
|---|---|
| null null | BMO Capital Markets Equity Research |
| Michael Zaremski | BMO Capital Markets Equity Research |
| Joshua Shanker | BofA Global Research |