iA Financial Balance Sheet Health
Financial Health criteria checks 4/6
iA Financial has a total shareholder equity of CA$7.2B and total debt of CA$3.3B, which brings its debt-to-equity ratio to 46.2%. Its total assets and total liabilities are CA$97.4B and CA$90.2B respectively. iA Financial's EBIT is CA$1.0B making its interest coverage ratio 17.8. It has cash and short-term investments of CA$1.9B.
Key information
46.2%
Debt to equity ratio
CA$3.31b
Debt
Interest coverage ratio | 17.8x |
Cash | CA$1.86b |
Equity | CA$7.16b |
Total liabilities | CA$90.25b |
Total assets | CA$97.41b |
Recent financial health updates
No updates
Recent updates
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 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 30Financial Position Analysis
Short Term Liabilities: IAG's short term assets (CA$5.0B) exceed its short term liabilities (CA$2.2B).
Long Term Liabilities: IAG's short term assets (CA$5.0B) do not cover its long term liabilities (CA$88.1B).
Debt to Equity History and Analysis
Debt Level: IAG's net debt to equity ratio (20.2%) is considered satisfactory.
Reducing Debt: IAG's debt to equity ratio has increased from 37.8% to 46.2% over the past 5 years.
Debt Coverage: IAG's debt is well covered by operating cash flow (31.6%).
Interest Coverage: IAG's interest payments on its debt are well covered by EBIT (17.8x coverage).