Element Fleet Management Balance Sheet Health
Financial Health criteria checks 2/6
Element Fleet Management has a total shareholder equity of CA$3.9B and total debt of CA$10.8B, which brings its debt-to-equity ratio to 277.7%. Its total assets and total liabilities are CA$16.5B and CA$12.6B respectively.
Key information
277.7%
Debt to equity ratio
CA$10.83b
Debt
| Interest coverage ratio | n/a |
| Cash | CA$241.02m |
| Equity | CA$3.90b |
| Total liabilities | CA$12.57b |
| Total assets | CA$16.47b |
Recent financial health updates
No updates
Recent updates
Here's Why We Think Element Fleet Management (TSE:EFN) Might Deserve Your Attention Today
Apr 02
An Intrinsic Calculation For Element Fleet Management Corp. (TSE:EFN) Suggests It's 35% Undervalued
Feb 19Is Now The Time To Look At Buying Element Fleet Management Corp. (TSE:EFN)?
Feb 06With Element Fleet Management Corp. (TSE:EFN) It Looks Like You'll Get What You Pay For
Jan 09Element Fleet Management (TSE:EFN) Has Announced That It Will Be Increasing Its Dividend To CA$0.12
Dec 26Here's Why We Think Element Fleet Management (TSE:EFN) Is Well Worth Watching
Dec 20Element Fleet Management (TSE:EFN) Is Increasing Its Dividend To CA$0.12
Nov 11Do Element Fleet Management's (TSE:EFN) Earnings Warrant Your Attention?
Aug 30We Ran A Stock Scan For Earnings Growth And Element Fleet Management (TSE:EFN) Passed With Ease
Jun 01Element Fleet Management (TSE:EFN) Is Increasing Its Dividend To CA$0.10
Mar 10Should You Be Adding Element Fleet Management (TSE:EFN) To Your Watchlist Today?
Jan 27Element Fleet Management (TSE:EFN) Is Increasing Its Dividend To CA$0.10
Nov 24Here's Why Element Fleet Management (TSE:EFN) Has Caught The Eye Of Investors
Jul 19Is Now The Time To Put Element Fleet Management (TSE:EFN) On Your Watchlist?
Apr 19Here's Why I Think Element Fleet Management (TSE:EFN) Is An Interesting Stock
Oct 19If You Like EPS Growth Then Check Out Element Fleet Management (TSE:EFN) Before It's Too Late
Jul 15Financial Position Analysis
Short Term Liabilities: EFN's short term assets (CA$10.4B) exceed its short term liabilities (CA$1.5B).
Long Term Liabilities: EFN's short term assets (CA$10.4B) do not cover its long term liabilities (CA$11.0B).
Debt to Equity History and Analysis
Debt Level: EFN's net debt to equity ratio (271.5%) is considered high.
Reducing Debt: EFN's debt to equity ratio has reduced from 358.1% to 277.7% over the past 5 years.
Debt Coverage: EFN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if EFN's interest payments on its debt are well covered by EBIT.