Fairfax India Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Fairfax India Holdings has a total shareholder equity of $3.1B and total debt of $497.8M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are $3.8B and $736.8M respectively. Fairfax India Holdings's EBIT is $479.1M making its interest coverage ratio 18.8. It has cash and short-term investments of $174.6M.
Key information
16.1%
Debt to equity ratio
US$497.83m
Debt
Interest coverage ratio | 18.8x |
Cash | US$174.62m |
Equity | US$3.08b |
Total liabilities | US$736.76m |
Total assets | US$3.82b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FIH.U's short term assets ($176.2M) exceed its short term liabilities ($130.4M).
Long Term Liabilities: FIH.U's short term assets ($176.2M) do not cover its long term liabilities ($606.4M).
Debt to Equity History and Analysis
Debt Level: FIH.U's net debt to equity ratio (10.5%) is considered satisfactory.
Reducing Debt: FIH.U's debt to equity ratio has reduced from 25.8% to 16.1% over the past 5 years.
Debt Coverage: FIH.U's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: FIH.U's interest payments on its debt are well covered by EBIT (18.8x coverage).