Great-West Lifeco Balance Sheet Health
Financial Health criteria checks 3/6
Great-West Lifeco has a total shareholder equity of CA$29.9B and total debt of CA$9.3B, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are CA$713.2B and CA$683.4B respectively. Great-West Lifeco's EBIT is CA$12.0B making its interest coverage ratio 1.4. It has cash and short-term investments of CA$170.5B.
Key information
31.1%
Debt to equity ratio
CA$9.29b
Debt
Interest coverage ratio | 1.4x |
Cash | CA$170.45b |
Equity | CA$29.85b |
Total liabilities | CA$683.38b |
Total assets | CA$713.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GWLI.F's short term assets (CA$202.1B) exceed its short term liabilities (CA$16.3B).
Long Term Liabilities: GWLI.F's short term assets (CA$202.1B) do not cover its long term liabilities (CA$667.1B).
Debt to Equity History and Analysis
Debt Level: GWLI.F has more cash than its total debt.
Reducing Debt: GWLI.F's debt to equity ratio has increased from 25.2% to 31.1% over the past 5 years.
Debt Coverage: GWLI.F's debt is well covered by operating cash flow (52%).
Interest Coverage: GWLI.F's interest payments on its debt are not well covered by EBIT (1.4x coverage).