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 ratio | 23.1x |
| Cash | CA$2.51b |
| Equity | CA$7.33b |
| Total liabilities | CA$98.39b |
| Total assets | CA$105.72b |
Recent financial health updates
No updates
Recent updates
Little Excitement Around iA Financial Corporation Inc.'s (TSE:IAG) Earnings
Nov 12
Cautious Investors Not Rewarding iA Financial Corporation Inc.'s (TSE:IAG) Performance Completely
Jun 04iA Financial's (TSE:IAG) Dividend Will Be CA$0.82
May 14With EPS Growth And More, iA Financial (TSE:IAG) Makes An Interesting Case
Apr 04iA Financial's (TSE:IAG) Upcoming Dividend Will Be Larger Than Last Year's
Feb 28The Market Doesn't Like What It Sees From iA Financial Corporation Inc.'s (TSE:IAG) Earnings Yet
Jan 04Financial 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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 13:28 |
| End of Day Share Price | 2024/12/30 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
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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
iA Financial Corporation Inc. is covered by 18 analysts. 7 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 |
|---|---|
| Tom MacKinnon | BMO Capital Markets Equity Research |
| Dennis Westfall | BofA Global Research |
| Scott Chan | Canaccord Genuity |