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 $8.7B, which brings its debt-to-equity ratio to 300.1%. Its total assets and total liabilities are $12.9B and $10.0B respectively.
Key information
300.1%
Debt to equity ratio
US$8.73b
Debt
| Interest coverage ratio | n/a |
| Cash | US$138.15m |
| Equity | US$2.91b |
| Total liabilities | US$9.97b |
| Total assets | US$12.87b |
Recent financial health updates
No updates
Recent updates
A Look At The Intrinsic Value Of Element Fleet Management Corp. (TSE:EFN)
Oct 18
Element Fleet Management Corp.'s (TSE:EFN) Business Is Trailing The Market But Its Shares Aren't
Oct 03Is It Time To Consider Buying Element Fleet Management Corp. (TSE:EFN)?
Sep 19Here's Why We Think Element Fleet Management (TSE:EFN) Might Deserve Your Attention Today
Jul 02Estimating The Fair Value Of Element Fleet Management Corp. (TSE:EFN)
Jun 18Element Fleet Management Corp.'s (TSE:EFN) Popularity With Investors Is Clear
Jun 05What 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 24Financial Position Analysis
Short Term Liabilities: EFN's short term assets ($8.4B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: EFN's short term assets ($8.4B) do not cover its long term liabilities ($8.9B).
Debt to Equity History and Analysis
Debt Level: EFN's net debt to equity ratio (295.3%) is considered high.
Reducing Debt: EFN's debt to equity ratio has reduced from 329.3% to 300.1% 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.