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Great-West Lifeco Debt-to-EBITDA

: 1.70 (As of Sep. 2021)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Great-West Lifeco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $0 Mil. Great-West Lifeco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $6,924 Mil. Great-West Lifeco's annualized EBITDA for the quarter that ended in Sep. 2021 was $4,085 Mil. Great-West Lifeco's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2021 was 1.69.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

OTCPK:GWLIF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.48   Med: 1.7   Max: 2.82
Current: 1.88

1.48
2.82

During the past 13 years, the highest Debt-to-EBITDA Ratio of Great-West Lifeco was 2.82. The lowest was 1.48. And the median was 1.70.

OTCPK:GWLIF's Debt-to-EBITDA is ranked lower than
64% of the 340 Companies
in the Insurance industry.

( Industry Median: 1.12 vs. OTCPK:GWLIF: 1.88 )

Great-West Lifeco Debt-to-EBITDA Historical Data

The historical data trend for Great-West Lifeco's Debt-to-EBITDA 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
Debt-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.65 1.91 1.74 1.94 2.82

Great-West Lifeco Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Debt-to-EBITDA 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 2.19 2.44 2.39 1.82 1.70

Competitive Comparison

For the Insurance - Life subindustry, Great-West Lifeco's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA Distribution

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

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



Great-West Lifeco Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1547.3495198688 + 6810.0554297759) / 2965.8833632602
=2.82

Great-West Lifeco's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 6923.6840028411) / 4084.9183174177
=1.69

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Sep. 2021) EBITDA data.


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

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Great-West Lifeco Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Great-West Lifeco's Debt-to-EBITDA 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

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