iA Financial Corporation Inc.

TSX:IAG Stock Report

Market Cap: CA$12.5b

iA Financial Balance Sheet Health

Financial Health criteria checks 4/6

iA Financial has a total shareholder equity of CA$7.3B and total debt of CA$3.3B, which brings its debt-to-equity ratio to 44.7%. Its total assets and total liabilities are CA$105.7B and CA$98.4B respectively. iA Financial's EBIT is CA$1.4B making its interest coverage ratio 23.1. It has cash and short-term investments of CA$2.5B.

Key information

44.7%

Debt to equity ratio

CA$3.28b

Debt

Interest coverage ratio23.1x
CashCA$2.51b
EquityCA$7.33b
Total liabilitiesCA$98.39b
Total assetsCA$105.72b

Recent financial health updates

No updates

Recent updates

Little Excitement Around iA Financial Corporation Inc.'s (TSE:IAG) Earnings

Nov 12
Little Excitement Around iA Financial Corporation Inc.'s (TSE:IAG) Earnings

Cautious Investors Not Rewarding iA Financial Corporation Inc.'s (TSE:IAG) Performance Completely

Jun 04
Cautious Investors Not Rewarding iA Financial Corporation Inc.'s (TSE:IAG) Performance Completely

iA Financial's (TSE:IAG) Dividend Will Be CA$0.82

May 14
iA Financial's (TSE:IAG) Dividend Will Be CA$0.82

With EPS Growth And More, iA Financial (TSE:IAG) Makes An Interesting Case

Apr 04
With EPS Growth And More, iA Financial (TSE:IAG) Makes An Interesting Case

iA Financial's (TSE:IAG) Upcoming Dividend Will Be Larger Than Last Year's

Feb 28
iA Financial's (TSE:IAG) Upcoming Dividend Will Be Larger Than Last Year's

The Market Doesn't Like What It Sees From iA Financial Corporation Inc.'s (TSE:IAG) Earnings Yet

Jan 04
The Market Doesn't Like What It Sees From iA Financial Corporation Inc.'s (TSE:IAG) Earnings Yet

With EPS Growth And More, iA Financial (TSE:IAG) Makes An Interesting Case

Oct 19
With EPS Growth And More, iA Financial (TSE:IAG) Makes An Interesting Case

iA Financial (TSE:IAG) Is Increasing Its Dividend To CA$0.765

May 15
iA Financial (TSE:IAG) Is Increasing Its Dividend To CA$0.765

iA Financial's (TSE:IAG) Dividend Will Be Increased To CA$0.675

Aug 10
iA Financial's (TSE:IAG) Dividend Will Be Increased To CA$0.675

Do iA Financial's (TSE:IAG) Earnings Warrant Your Attention?

Jun 30
Do iA Financial's (TSE:IAG) Earnings Warrant Your Attention?

Does iA Financial (TSE:IAG) Deserve A Spot On Your Watchlist?

Mar 29
Does iA Financial (TSE:IAG) Deserve A Spot On Your Watchlist?

iA Financial (TSE:IAG) Is Increasing Its Dividend To CA$0.63

Feb 22
iA Financial (TSE:IAG) Is Increasing Its Dividend To CA$0.63

Here's Why I Think iA Financial (TSE:IAG) Might Deserve Your Attention Today

Dec 27
Here's Why I Think iA Financial (TSE:IAG) Might Deserve Your Attention Today

Should You Be Adding iA Financial (TSE:IAG) To Your Watchlist Today?

Sep 20
Should You Be Adding iA Financial (TSE:IAG) To Your Watchlist Today?

Financial Position Analysis

Short Term Liabilities: IAG's short term assets (CA$6.1B) exceed its short term liabilities (CA$2.4B).

Long Term Liabilities: IAG's short term assets (CA$6.1B) do not cover its long term liabilities (CA$96.0B).


Debt to Equity History and Analysis

Debt Level: IAG's net debt to equity ratio (10.5%) is considered satisfactory.

Reducing Debt: IAG's debt to equity ratio has increased from 39.5% to 44.7% over the past 5 years.

Debt Coverage: IAG's debt is well covered by operating cash flow (69.5%).

Interest Coverage: IAG's interest payments on its debt are well covered by EBIT (23.1x coverage).


Balance Sheet


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