Genesis Land Development Corp.

Toronto Stock Exchange GDC.TO

Genesis Land Development Corp. Debt to Equity Ratio for the year ending December 31, 2023: 0.45

Genesis Land Development Corp. Debt to Equity Ratio is 0.45 for the year ending December 31, 2023, a 53.82% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Genesis Land Development Corp. Debt to Equity Ratio for the year ending December 31, 2022 was 0.29, a 100.15% change year over year.
Genesis Land Development Corp. Debt to Equity Ratio for the year ending December 31, 2021 was 0.15, a 23.58% change year over year.
Genesis Land Development Corp. Debt to Equity Ratio for the year ending December 31, 2020 was 0.12, a -55.57% change year over year.
Genesis Land Development Corp. Debt to Equity Ratio for the year ending December 31, 2019 was 0.27, a 61.69% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Toronto Stock Exchange: GDC.TO

Genesis Land Development Corp.

CEO	Mr. Iain Stewart B.Com., B.Comm., C.A., CPA
IPO Date	July 16, 2003
Location	Canada
Headquarters	6240, 333-96 Ave. NE
Employees	93
Sector	Consumer Discretionary
Industries Homebuilding

Description

Genesis Land Development Corp., an integrated land developer and residential home builder, owns and develops a portfolio of residential lands and serviced lots in the Calgary Metropolitan Area, Canada. It operates through two segments, Land Development and Home Building. The Land Development segment acquires, plans, rezones, subdivides, services, and sells residential lots, and commercial and industrial lands to third-party developers and builders. The Home Building segment designs, constructs, and sells single-family and semi-detached homes and townhomes. The company was formerly known as Genesis Capital Corp. and changed its name to Genesis Land Development Corp. in October 1998. Genesis Land Development Corp. was founded in 1991 and is headquartered in Calgary, Canada.

Key trends

Past 5 years