How much debt does GFL Environmental have?

According to GFL Environmental's latest annual financial reports, the company's debt profile is as follows:

Total Debt and Liabilities

GFL Environmental's total debt stands at $10.55B. This is broken down into:

• Long-term debt: $9.33B
• Short-term debt: $1.22B

The company's net debt, which accounts for cash and cash equivalents, is $10.42B. In terms of overall financial obligations, GFL Environmental's total liabilities amount to $13.99B.

Debt Ratios and Metrics

To better understand GFL Environmental's debt position, we can look at several key ratios:

• Debt to Equity Ratio: 1.51 - this indicates the proportion of equity and debt the company uses to finance its assets.
• Debt Ratio: 49.74% - this shows the proportion of a company's assets that are financed through debt.
• Interest Coverage Ratio: 0.72 - this measures how easily a company can pay interest on its outstanding debt.
• Long-term Debt to Capitalization: 55.92% - this shows the proportion of long-term debt in the company's capital structure.
• Total Debt to Capitalization: 60.19% - this indicates the total debt in the company's capital structure.

These metrics provide insight into GFL Environmental's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.