Intact Financial Balance Sheet Health
Financial Health criteria checks 4/6
Intact Financial has a total shareholder equity of CA$17.6B and total debt of CA$4.8B, which brings its debt-to-equity ratio to 27.5%. Its total assets and total liabilities are CA$56.5B and CA$38.9B respectively. Intact Financial's EBIT is CA$3.1B making its interest coverage ratio 13.1. It has cash and short-term investments of CA$2.4B.
Key information
27.5%
Debt to equity ratio
CA$4.83b
Debt
Interest coverage ratio | 13.1x |
Cash | CA$2.43b |
Equity | CA$17.60b |
Total liabilities | CA$38.94b |
Total assets | CA$56.54b |
Recent financial health updates
Recent updates
Intact Financial Corporation's (TSE:IFC) Share Price Matching Investor Opinion
Jul 22Most Shareholders Will Probably Find That The CEO Compensation For Intact Financial Corporation (TSE:IFC) Is Reasonable
May 02Intact Financial (TSE:IFC) Is Paying Out A Larger Dividend Than Last Year
Feb 19What You Can Learn From Intact Financial Corporation's (TSE:IFC) P/E
Feb 06Is Intact Financial Corporation (TSE:IFC) A Smart Choice For Dividend Investors?
Apr 06Intact Financial Corporation (TSE:IFC) Passed Our Checks, And It's About To Pay A CA$0.83 Dividend
Mar 07What Type Of Shareholders Own The Most Number of Intact Financial Corporation (TSE:IFC) Shares?
Mar 03Financial Position Analysis
Short Term Liabilities: IFC's short term assets (CA$8.7B) do not cover its short term liabilities (CA$24.1B).
Long Term Liabilities: IFC's short term assets (CA$8.7B) do not cover its long term liabilities (CA$14.9B).
Debt to Equity History and Analysis
Debt Level: IFC's net debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: IFC's debt to equity ratio has reduced from 27.5% to 27.5% over the past 5 years.
Debt Coverage: IFC's debt is well covered by operating cash flow (60.9%).
Interest Coverage: IFC's interest payments on its debt are well covered by EBIT (13.1x coverage).