Element Fleet Management Balance Sheet Health
Financial Health criteria checks 2/6
Element Fleet Management has a total shareholder equity of $2.9B and total debt of $9.2B, which brings its debt-to-equity ratio to 312.1%. Its total assets and total liabilities are $13.3B and $10.4B respectively.
Key information
312.1%
Debt to equity ratio
US$9.19b
Debt
Interest coverage ratio | n/a |
Cash | US$758.21m |
Equity | US$2.94b |
Total liabilities | US$10.39b |
Total assets | US$13.34b |
Recent financial health updates
No updates
Recent updates
What Is Element Fleet Management Corp.'s (TSE:EFN) Share Price Doing?
May 13Here's Why We Think Element Fleet Management (TSE:EFN) Might Deserve Your Attention Today
Apr 02An 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 19Financial Position Analysis
Short Term Liabilities: EFN's short term assets ($8.8B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: EFN's short term assets ($8.8B) do not cover its long term liabilities ($9.3B).
Debt to Equity History and Analysis
Debt Level: EFN's net debt to equity ratio (286.3%) is considered high.
Reducing Debt: EFN's debt to equity ratio has reduced from 345.9% to 312.1% 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.