Colliers International Group Balance Sheet Health
Financial Health criteria checks 3/6
Colliers International Group has a total shareholder equity of $2.2B and total debt of $1.4B, which brings its debt-to-equity ratio to 61.7%. Its total assets and total liabilities are $5.3B and $3.0B respectively. Colliers International Group's EBIT is $347.0M making its interest coverage ratio 3.8. It has cash and short-term investments of $165.3M.
Key information
61.7%
Debt to equity ratio
US$1.37b
Debt
| Interest coverage ratio | 3.8x |
| Cash | US$165.32m |
| Equity | US$2.22b |
| Total liabilities | US$3.05b |
| Total assets | US$5.27b |
Recent financial health updates
No updates
Recent updates
Colliers International: Turnaround Isn't Fully Priced In Yet
Feb 12Colliers to acquire Arcadia Management, expand U.S. property management business
Oct 12Colliers International establishes automatic share purchase plan
Oct 03Colliers takes controlling interest in Peakurban
Aug 02Colliers International to buy back up to 3.5M subordinate voting shares under NCIB
Jul 15Colliers International to invest in alternative investment manager
Jun 30LRT Capital - Colliers International Group Inc: A Good Steward Of Shareholder Capital
May 06Financial Position Analysis
Short Term Liabilities: CIGI's short term assets ($1.3B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: CIGI's short term assets ($1.3B) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: CIGI's net debt to equity ratio (54.2%) is considered high.
Reducing Debt: CIGI's debt to equity ratio has reduced from 107% to 61.7% over the past 5 years.
Debt Coverage: CIGI's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: CIGI's interest payments on its debt are well covered by EBIT (3.8x coverage).