Intact Financial Balance Sheet Health
Financial Health criteria checks 3/6
Intact Financial has a total shareholder equity of CA$17.0B and total debt of CA$4.9B, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are CA$56.4B and CA$39.4B respectively. Intact Financial's EBIT is CA$2.5B making its interest coverage ratio 10.6. It has cash and short-term investments of CA$2.3B.
Key information
28.9%
Debt to equity ratio
CA$4.93b
Debt
| Interest coverage ratio | 10.6x |
| Cash | CA$2.28b |
| Equity | CA$17.03b |
| Total liabilities | CA$39.42b |
| Total assets | CA$56.44b |
Recent financial health updates
Recent updates
Most Shareholders Will Probably Find That The CEO Compensation For Intact Financial Corporation (TSE:IFC) Is Reasonable
May 02
Intact Financial (TSE:IFC) Is Paying Out A Larger Dividend Than Last Year
Feb 19What You Can Learn From Intact Financial Corporation's (TSE:IFC) P/E
Feb 06Is Intact Financial Corporation (TSE:IFC) A Smart Choice For Dividend Investors?
Apr 06Intact Financial Corporation (TSE:IFC) Passed Our Checks, And It's About To Pay A CA$0.83 Dividend
Mar 07What Type Of Shareholders Own The Most Number of Intact Financial Corporation (TSE:IFC) Shares?
Mar 03Financial Position Analysis
Short Term Liabilities: IFC's short term assets (CA$8.5B) do not cover its short term liabilities (CA$24.7B).
Long Term Liabilities: IFC's short term assets (CA$8.5B) do not cover its long term liabilities (CA$14.7B).
Debt to Equity History and Analysis
Debt Level: IFC's net debt to equity ratio (15.6%) is considered satisfactory.
Reducing Debt: IFC's debt to equity ratio has increased from 27.4% to 28.9% over the past 5 years.
Debt Coverage: IFC's debt is well covered by operating cash flow (53.2%).
Interest Coverage: IFC's interest payments on its debt are well covered by EBIT (10.6x coverage).