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 12Cautious 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 04With EPS Growth And More, iA Financial (TSE:IAG) Makes An Interesting Case
Oct 19iA Financial (TSE:IAG) Is Increasing Its Dividend To CA$0.765
May 15iA Financial's (TSE:IAG) Dividend Will Be Increased To CA$0.675
Aug 10Do iA Financial's (TSE:IAG) Earnings Warrant Your Attention?
Jun 30Does iA Financial (TSE:IAG) Deserve A Spot On Your Watchlist?
Mar 29iA Financial (TSE:IAG) Is Increasing Its Dividend To CA$0.63
Feb 22Here's Why I Think iA Financial (TSE:IAG) Might Deserve Your Attention Today
Dec 27Should You Be Adding iA Financial (TSE:IAG) To Your Watchlist Today?
Sep 20Financial 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).