E-L Financial Balance Sheet Health
Financial Health criteria checks 5/6
E-L Financial has a total shareholder equity of CA$9.4B and total debt of CA$598.8M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are CA$27.7B and CA$18.3B respectively. E-L Financial's EBIT is CA$2.6B making its interest coverage ratio 12.2. It has cash and short-term investments of CA$330.0M.
Key information
6.3%
Debt to equity ratio
CA$598.78m
Debt
| Interest coverage ratio | 12.2x |
| Cash | CA$329.97m |
| Equity | CA$9.43b |
| Total liabilities | CA$18.27b |
| Total assets | CA$27.70b |
Recent financial health updates
No updates
Recent updates
Is Now The Time To Put E-L Financial (TSE:ELF) On Your Watchlist?
Dec 07
Benign Growth For E-L Financial Corporation Limited (TSE:ELF) Underpins Its Share Price
Sep 17E-L Financial (TSE:ELF) Has Announced A Dividend Of CA$3.75
Aug 13E-L Financial (TSE:ELF) Has Re-Affirmed Its Dividend Of CA$2.50
May 27E-L Financial (TSE:ELF) Has Affirmed Its Dividend Of CA$2.50
May 13Does E-L Financial (TSE:ELF) Deserve A Spot On Your Watchlist?
Apr 06How Much Of E-L Financial Corporation Limited (TSE:ELF) Do Institutions Own?
Mar 14Introducing E-L Financial (TSE:ELF), A Stock That Climbed 25% In The Last Five Years
Feb 06Have Insiders Been Buying E-L Financial Corporation Limited (TSE:ELF) Shares?
Jan 08How Many E-L Financial Corporation Limited (TSE:ELF) Shares Do Institutions Own?
Dec 13Financial Position Analysis
Short Term Liabilities: ELF's short term assets (CA$707.4M) exceed its short term liabilities (CA$270.3M).
Long Term Liabilities: ELF's short term assets (CA$707.4M) do not cover its long term liabilities (CA$18.0B).
Debt to Equity History and Analysis
Debt Level: ELF's net debt to equity ratio (2.8%) is considered satisfactory.
Reducing Debt: ELF's debt to equity ratio has reduced from 6.6% to 6.3% over the past 5 years.
Debt Coverage: ELF's debt is well covered by operating cash flow (122.4%).
Interest Coverage: ELF's interest payments on its debt are well covered by EBIT (12.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:59 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
E-L Financial Corporation Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ganesh D.N. | Virtua Research Inc. |