Great-West Lifeco Inc.

OTCPK:GRWT.F Stock Report

Market Cap: US$31.7b

Great-West Lifeco Balance Sheet Health

Financial Health criteria checks 3/6

Great-West Lifeco has a total shareholder equity of CA$30.9B and total debt of CA$9.1B, which brings its debt-to-equity ratio to 29.6%. Its total assets and total liabilities are CA$749.6B and CA$718.7B respectively. Great-West Lifeco's EBIT is CA$8.4B making its interest coverage ratio 2.2. It has cash and short-term investments of CA$172.1B.

Key information

29.6%

Debt to equity ratio

CA$9.14b

Debt

Interest coverage ratio2.2x
CashCA$172.06b
EquityCA$30.87b
Total liabilitiesCA$718.69b
Total assetsCA$749.56b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: GRWT.F's short term assets (CA$198.1B) exceed its short term liabilities (CA$5.3B).

Long Term Liabilities: GRWT.F's short term assets (CA$198.1B) do not cover its long term liabilities (CA$713.4B).


Debt to Equity History and Analysis

Debt Level: GRWT.F has more cash than its total debt.

Reducing Debt: GRWT.F's debt to equity ratio has increased from 25.4% to 29.6% over the past 5 years.

Debt Coverage: GRWT.F's debt is well covered by operating cash flow (41.6%).

Interest Coverage: GRWT.F's interest payments on its debt are not well covered by EBIT (2.2x coverage).


Balance Sheet


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