Intact Financial Balance Sheet Health
Financial Health criteria checks 3/6
Intact Financial has a total shareholder equity of CA$16.5B and total debt of CA$5.1B, which brings its debt-to-equity ratio to 30.9%. Its total assets and total liabilities are CA$56.0B and CA$39.5B respectively. Intact Financial's EBIT is CA$2.4B making its interest coverage ratio 10.4. It has cash and short-term investments of CA$2.8B.
Key information
30.9%
Debt to equity ratio
CA$5.09b
Debt
| Interest coverage ratio | 10.4x |
| Cash | CA$2.76b |
| Equity | CA$16.48b |
| Total liabilities | CA$39.50b |
| Total assets | CA$55.98b |
Recent financial health updates
Recent updates
Intact Financial (TSE:IFC) Is Paying Out A Larger Dividend Than Last Year
Feb 19
What 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$9.0B) do not cover its short term liabilities (CA$24.1B).
Long Term Liabilities: IFC's short term assets (CA$9.0B) do not cover its long term liabilities (CA$15.4B).
Debt to Equity History and Analysis
Debt Level: IFC's net debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: IFC's debt to equity ratio has increased from 28.3% to 30.9% over the past 5 years.
Debt Coverage: IFC's debt is well covered by operating cash flow (36.3%).
Interest Coverage: IFC's interest payments on its debt are well covered by EBIT (10.4x coverage).