Olympia Financial Group Balance Sheet Health
Financial Health criteria checks 6/6
Olympia Financial Group has a total shareholder equity of CA$35.3M and total debt of CA$2.6M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are CA$47.3M and CA$12.0M respectively. Olympia Financial Group's EBIT is CA$31.2M making its interest coverage ratio 779.8. It has cash and short-term investments of CA$10.9M.
Key information
7.3%
Debt to equity ratio
CA$2.57m
Debt
| Interest coverage ratio | 779.8x |
| Cash | CA$10.92m |
| Equity | CA$35.32m |
| Total liabilities | CA$11.95m |
| Total assets | CA$47.27m |
Recent financial health updates
No updates
Recent updates
Olympia Financial Group's (TSE:OLY) Upcoming Dividend Will Be Larger Than Last Year's
Oct 10
Olympia Financial Group (TSE:OLY) Is Increasing Its Dividend To CA$0.60
Sep 12Olympia Financial Group (TSE:OLY) Is Paying Out A Larger Dividend Than Last Year
Nov 16Olympia Financial Group's (TSE:OLY) Dividend Will Be Increased To CA$0.27
May 12Olympia Financial Group (TSE:OLY) Has Affirmed Its Dividend Of CA$0.23
Apr 12Olympia Financial Group (TSE:OLY) Has Announced A Dividend Of CA$0.23
Dec 10Olympia Financial Group (TSE:OLY) Is Due To Pay A Dividend Of CA$0.23
Nov 11Olympia Financial Group (TSE:OLY) Is Due To Pay A Dividend Of CA$0.23
Oct 10Olympia Financial Group (TSE:OLY) Will Pay A Dividend Of CA$0.23
Sep 10Olympia Financial Group's (TSE:OLY) Dividend Will Be CA$0.23
Aug 10Olympia Financial Group (TSE:OLY) Has Affirmed Its Dividend Of CA$0.23
Jul 11Should You Buy Olympia Financial Group Inc. (TSE:OLY) For Its Upcoming Dividend?
Mar 14Olympia Financial Group Inc. (TSE:OLY) Passed Our Checks, And It's About To Pay A CA$0.23 Dividend
Feb 11
There's A Lot To Like About Olympia Financial Group's (TSE:OLY) Upcoming CA$0.23 Dividend
Jan 14Shareholders Of Olympia Financial Group (TSE:OLY) Must Be Happy With Their 132% Total Return
Dec 29Could Olympia Financial Group Inc. (TSE:OLY) Have The Makings Of Another Dividend Aristocrat?
Nov 19Financial Position Analysis
Short Term Liabilities: OLY's short term assets (CA$40.0M) exceed its short term liabilities (CA$11.5M).
Long Term Liabilities: OLY's short term assets (CA$40.0M) exceed its long term liabilities (CA$495.4K).
Debt to Equity History and Analysis
Debt Level: OLY has more cash than its total debt.
Reducing Debt: OLY's debt to equity ratio has reduced from 27.9% to 7.3% over the past 5 years.
Debt Coverage: OLY's debt is well covered by operating cash flow (738.3%).
Interest Coverage: OLY's interest payments on its debt are well covered by EBIT (779.8x coverage).