CI Financial Corp.

TSX:CIX Stock Report

Market Cap: CA$3.5b

CI Financial Balance Sheet Health

Financial Health criteria checks 1/6

CI Financial has a total shareholder equity of CA$818.2M and total debt of CA$5.4B, which brings its debt-to-equity ratio to 664.4%. Its total assets and total liabilities are CA$10.3B and CA$9.5B respectively. CI Financial's EBIT is CA$786.2M making its interest coverage ratio 3.8. It has cash and short-term investments of CA$176.8M.

Key information

664.4%

Debt to equity ratio

CA$5.44b

Debt

Interest coverage ratio3.8x
CashCA$176.84m
EquityCA$818.18m
Total liabilitiesCA$9.51b
Total assetsCA$10.33b

Recent financial health updates

Recent updates

CI Financial (TSE:CIX) Is Paying Out A Dividend Of CA$0.20

Nov 01
CI Financial (TSE:CIX) Is Paying Out A Dividend Of CA$0.20

CI Financial Corp. (TSE:CIX) Held Back By Insufficient Growth Even After Shares Climb 26%

Oct 31
CI Financial Corp. (TSE:CIX) Held Back By Insufficient Growth Even After Shares Climb 26%

CI Financial's (TSE:CIX) Dividend Will Be CA$0.20

Oct 17
CI Financial's (TSE:CIX) Dividend Will Be CA$0.20

There Is A Reason CI Financial Corp.'s (TSE:CIX) Price Is Undemanding

Jul 16
There Is A Reason CI Financial Corp.'s (TSE:CIX) Price Is Undemanding

CI Financial's (TSE:CIX) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 10
CI Financial's (TSE:CIX) Shareholders Will Receive A Bigger Dividend Than Last Year

CI Financial (TSE:CIX) Will Pay A Larger Dividend Than Last Year At CA$0.20

Sep 30
CI Financial (TSE:CIX) Will Pay A Larger Dividend Than Last Year At CA$0.20

CI Financial (TSE:CIX) Has Affirmed Its Dividend Of CA$0.18

Jul 28
CI Financial (TSE:CIX) Has Affirmed Its Dividend Of CA$0.18

CI Financial's (TSE:CIX) Dividend Will Be CA$0.18

Jul 14
CI Financial's (TSE:CIX) Dividend Will Be CA$0.18

CI Financial (TSE:CIX) Has Affirmed Its Dividend Of CA$0.18

Jun 23
CI Financial (TSE:CIX) Has Affirmed Its Dividend Of CA$0.18

CI Financial (TSE:CIX) Is Paying Out A Dividend Of CA$0.18

May 12
CI Financial (TSE:CIX) Is Paying Out A Dividend Of CA$0.18

CI Financial (TSE:CIX) Is Paying Out A Dividend Of CA$0.18

Apr 01
CI Financial (TSE:CIX) Is Paying Out A Dividend Of CA$0.18

CI Financial (TSE:CIX) Will Pay A Dividend Of CA$0.18

Jan 24
CI Financial (TSE:CIX) Will Pay A Dividend Of CA$0.18

CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18

Dec 30
CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18

CI Financial's (TSE:CIX) Dividend Will Be CA$0.18

Nov 26
CI Financial's (TSE:CIX) Dividend Will Be CA$0.18

CI Financial Corp. Just Missed EPS By 89%: Here's What Analysts Think Will Happen Next

Nov 13
CI Financial Corp. Just Missed EPS By 89%: Here's What Analysts Think Will Happen Next

CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18

Nov 12
CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18

CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18

Oct 13
CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18

Financial Position Analysis

Short Term Liabilities: CIX's short term assets (CA$1.7B) do not cover its short term liabilities (CA$5.2B).

Long Term Liabilities: CIX's short term assets (CA$1.7B) do not cover its long term liabilities (CA$4.3B).

Debt to Equity History and Analysis

Debt Level: CIX's net debt to equity ratio (642.8%) is considered high.

Reducing Debt: CIX's debt to equity ratio has increased from 102.6% to 664.4% over the past 5 years.

Debt Coverage: CIX's debt is not well covered by operating cash flow (9.6%).

Interest Coverage: CIX's interest payments on its debt are well covered by EBIT (3.8x coverage).

Balance Sheet

Discover healthy companies

7D

1Y

7D

1Y

7D

1Y