>
Switch to:

Great-West Lifeco Cash-to-Debt

: 2.59 (As of Jun. 2021)
View and export this data going back to 2009. Start your Free Trial

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Great-West Lifeco's cash to debt ratio for the quarter that ended in Jun. 2021 was 2.59.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Great-West Lifeco could pay off its debt using the cash in hand for the quarter that ended in Jun. 2021.

The historical rank and industry rank for Great-West Lifeco's Cash-to-Debt or its related term are showing as below:

OTCPK:GWLIF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.4   Med: 2.16   Max: 3.42
Current: 2.59

0.4
3.42

During the past 13 years, Great-West Lifeco's highest Cash to Debt Ratio was 3.42. The lowest was 0.40. And the median was 2.16.

OTCPK:GWLIF's Cash-to-Debt is ranked lower than
51% of the 160 Companies
in the Insurance industry.

( Industry Median: 0.56 vs. OTCPK:GWLIF: 2.59 )

Great-West Lifeco Cash-to-Debt Historical Data

The historical data trend for Great-West Lifeco's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Great-West Lifeco Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cash-to-Debt
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.19 2.16 1.94 1.92 2.46

Great-West Lifeco Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.16 1.50 2.46 2.46 2.59

Competitive Comparison

For the Insurance - Life subindustry, Great-West Lifeco's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Great-West Lifeco Cash-to-Debt Distribution

For the Insurance industry and Financial Services sector, Great-West Lifeco's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Great-West Lifeco's Cash-to-Debt falls into.



Great-West Lifeco Cash-to-Debt Calculation

This is the ratio of a company's Cash and cash equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Great-West Lifeco's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Cash to Debt Ratio= Cash and cash equivalents / Total Debt
= Cash and cash equivalents / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=20555.078460457 / (1547.3495198688 + 6810.0554297759)
=2.46

Great-West Lifeco's Cash to Debt Ratio for the quarter that ended in Jun. 2021 is calculated as:

Cash to Debt Ratio= Cash and cash equivalents / Total Debt
= Cash and cash equivalents / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=19745.499181669 / (0 + 7612.9296235679)
=2.59

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Great-West Lifeco  (OTCPK:GWLIF) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


Great-West Lifeco Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Great-West Lifeco's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


Great-West Lifeco Business Description

Great-West Lifeco logo
Industry
Financial Services » Insurance NAICS : 524113 SIC : 7311
Address
100 Osborne Street North, Winnipeg, MB, CAN, R3C 1V3
Great-West Lifeco is one of the three big Canadian life insurance firms. With just under half of the firm's profit and revenue in Canada, Great-West also operates in the U.S. and Europe. In Canada, Great-West provides both individual and group insurance. In the United States, Great-West operates Putnam Investments and defined-contribution recordkeeping firm Empower Retirement. In 2020, Great-West announced it would acquire Personal Capital and MassMutual's recordkeeping business. In Europe, Great-West offers life insurance, annuities, and reinsurance primarily in the U.K., Ireland, and Germany.

Great-West Lifeco Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)