Fairfax Financial Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Fairfax Financial Holdings has a total shareholder equity of $28.8B and total debt of $10.7B, which brings its debt-to-equity ratio to 37.2%. Its total assets and total liabilities are $96.6B and $67.8B respectively. Fairfax Financial Holdings's EBIT is $6.0B making its interest coverage ratio 10. It has cash and short-term investments of $7.5B.
Key information
37.2%
Debt to equity ratio
US$10.71b
Debt
| Interest coverage ratio | 10x |
| Cash | US$7.54b |
| Equity | US$28.81b |
| Total liabilities | US$67.80b |
| Total assets | US$96.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FFH's short term assets ($22.1B) exceed its short term liabilities ($5.3B).
Long Term Liabilities: FFH's short term assets ($22.1B) do not cover its long term liabilities ($62.5B).
Debt to Equity History and Analysis
Debt Level: FFH's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: FFH's debt to equity ratio has reduced from 44.1% to 37.2% over the past 5 years.
Debt Coverage: FFH's debt is well covered by operating cash flow (39.6%).
Interest Coverage: FFH's interest payments on its debt are well covered by EBIT (10x coverage).