iA Financial Balance Sheet Health
Financial Health criteria checks 4/6
iA Financial has a total shareholder equity of CA$7.0B and total debt of CA$2.3B, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are CA$93.8B and CA$86.8B respectively. iA Financial's EBIT is CA$1.1B making its interest coverage ratio 18.4. It has cash and short-term investments of CA$2.1B.
Key information
33.0%
Debt to equity ratio
CA$2.33b
Debt
| Interest coverage ratio | 18.4x |
| Cash | CA$2.11b |
| Equity | CA$7.04b |
| Total liabilities | CA$86.81b |
| Total assets | CA$93.85b |
Recent financial health updates
No updates
Recent updates
With EPS Growth And More, iA Financial (TSE:IAG) Makes An Interesting Case
Apr 04
iA 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 20iA Financial (TSE:IAG) Has Affirmed Its Dividend Of CA$0.48
Aug 03Is Now The Time To Put iA Financial (TSE:IAG) On Your Watchlist?
May 31We Think The Compensation For iA Financial Corporation Inc.'s (TSE:IAG) CEO Looks About Right
Apr 30Is iA Financial Corporation Inc.'s(TSE:IAG) Recent Stock Performance Tethered To Its Strong Fundamentals?
Mar 10iA Financial Corporation Inc. (TSE:IAG) Looks Interesting, And It's About To Pay A Dividend
Feb 20Financial Position Analysis
Short Term Liabilities: IAG's short term assets (CA$8.6B) do not cover its short term liabilities (CA$10.5B).
Long Term Liabilities: IAG's short term assets (CA$8.6B) do not cover its long term liabilities (CA$76.3B).
Debt to Equity History and Analysis
Debt Level: IAG's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: IAG's debt to equity ratio has reduced from 38.4% to 33% over the past 5 years.
Debt Coverage: IAG's debt is well covered by operating cash flow (57.7%).
Interest Coverage: IAG's interest payments on its debt are well covered by EBIT (18.4x coverage).