Element Fleet Management Corp.
DB:61F Stock Report
Element Fleet Management Balance Sheet Health
Financial Health criteria checks 2/6 Element Fleet Management has a total shareholder equity of $2.9B and total debt of $8.7B, which brings its debt-to-equity ratio to 300.1%. Its total assets and total liabilities are $12.9B and $10.0B respectively.
Key information
300.1%
Debt to equity ratio
Interest coverage ratio n/a Cash US$138.15m Equity US$2.91b Total liabilities US$9.97b Total assets US$12.87b
Recent financial health updates
Show all updates
Element Fleet Management Corp. to Report Q3, 2024 Results on Nov 13, 2024 Oct 09
Upcoming dividend of CA$0.12 per share Sep 20 Element Fleet Management Corp. Announces Executive Changes Changes, Effective from March 28, 2025
Element Fleet Management Corp. Announces Executive Changes Aug 22
Second quarter dividend of CA$0.12 announced Aug 19
Second quarter 2024 earnings released: EPS: US$0.26 (vs US$0.22 in 2Q 2023) Aug 16 Element Fleet Management Corp. (TSX:EFN) entered into a definitive agreement to acquire Autofleet Ltd.
New minor risk - Shareholder dilution Jul 18
Element Fleet Management Corp. to Report Q2, 2024 Results on Aug 13, 2024 Jul 11
Now 20% undervalued Jul 03
Now 20% undervalued Jun 17
Now 21% undervalued May 24
Independent Director recently sold €417k worth of stock May 22
First quarter dividend of CA$0.12 announced May 20
Element Fleet Management Corp. Approves Election of Luis Tellez as Director May 16
First quarter 2024 earnings released: EPS: US$0.23 (vs US$0.19 in 1Q 2023) May 15 Element Fleet Management Corp. Provides Earnings Guidance for the Full Year 2024
Element Fleet Management Corp. Appoints Christine Lee Barber as Head of Asia Operations Apr 26
Element Fleet Management Corp. to Report Q1, 2024 Results on May 14, 2024 Apr 11
Upcoming dividend of CA$0.12 per share Mar 20
Fourth quarter dividend of CA$0.12 announced Mar 04
Element Fleet Management Corp., Annual General Meeting, May 15, 2024 Mar 02 Element Fleet Management Corp. Reaffirms Earnings Guidance for Full-Year 2024
Full year 2023 earnings released: EPS: CA$1.13 (vs CA$0.96 in FY 2022) Feb 29
Element Fleet Management Corp. to Report Q4, 2023 Results on Feb 27, 2024 Jan 26
Upcoming dividend of CA$0.12 per share at 2.3% yield Dec 21
Element Fleet Management Corp. Announces Board Changes Nov 22
Third quarter 2023 earnings released Nov 07 Element Fleet Management Corp. Provides Revenue Guidance for Full-Year 2024
Element Fleet Management Corp. to Report Q3, 2023 Results on Nov 06, 2023 Oct 05
CEO, President & Director recently bought €516k worth of stock Sep 21
Independent Director recently sold €353k worth of stock Aug 25
Independent Director recently sold €353k worth of stock Aug 22
Second quarter 2023 earnings released: EPS: CA$0.29 (vs CA$0.26 in 2Q 2022) Aug 09 Element Fleet Management Corp. Provides Revenue Guidance for the Year 2023
Element Fleet Management Corp. to Report Q2, 2023 Results on Aug 08, 2023 Jun 29
Upcoming dividend of CA$0.10 per share at 1.9% yield Jun 22
Investor sentiment improves as stock rises 16% May 16
First quarter 2023 earnings released: EPS: CA$0.26 (vs CA$0.21 in 1Q 2022) May 10 Element Fleet Management Corp. Revises Earnings Guidance for the Year 2023
Upcoming dividend of CA$0.10 per share at 2.2% yield Mar 23
President recently bought €686k worth of stock Mar 12
Full year 2022 earnings released: EPS: CA$0.96 (vs CA$0.77 in FY 2021) Mar 08 Element Fleet Management Corp. to Report Q4, 2022 Results on Mar 06, 2023 Feb 10
Element Fleet Management Corp. Announces Executive Changes
Upcoming dividend of CA$0.10 per share Dec 22
Third quarter 2022 earnings released: EPS: CA$0.25 (vs CA$0.18 in 3Q 2021) Nov 10 Element Fleet Management Corp. Provides Earnings Guidance for the Full Year 2023
Element Fleet Management Corp. to Report Q3, 2022 Results on Nov 08, 2022 Oct 19
Now 22% undervalued Oct 08
Now 20% undervalued Sep 22
Upcoming dividend of CA$0.077 per share Sep 21
Now 20% undervalued Aug 27
Investor sentiment improved over the past week Aug 17
Second quarter 2022 earnings released: EPS: CA$0.26 (vs CA$0.17 in 2Q 2021) Aug 12
Element Fleet Management Corp. Raises Earnings Guidance for the Year 2022 Aug 11 Element Fleet Management Corp. to Report Q2, 2022 Results on Aug 10, 2022 Jul 07
Upcoming dividend of CA$0.077 per share Jun 22
Now 21% undervalued Jun 11
Now 20% undervalued May 21
Element Fleet Management Corp. Announces Revenue Guidance for the Year 2022 May 12
First quarter 2022 earnings released: EPS: CA$0.21 (vs CA$0.20 in 1Q 2021) May 11 Element Fleet Management Corp. Announces Revenue Guidance for the Year 2022 May 10
Element Fleet Management Corp. to Report Q1, 2022 Results on May 09, 2022 Apr 01
Upcoming dividend of CA$0.077 per share Mar 23
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Mar 03
Element Fleet Management Corp. Declares Dividend for the Fourth Quarter of 2021, Payable on April 15, 2022 Mar 03
Element Fleet Management Launches Full Service Offering to Lead Clients Through Fleet Electrification Feb 25
Element Fleet Management Corp., Annual General Meeting, May 10, 2022 Feb 19
Upcoming dividend of CA$0.077 per share Dec 23
Third quarter 2021 earnings released: EPS CA$0.18 (vs CA$0.14 in 3Q 2020) Nov 11
Upcoming dividend of CA$0.065 per share Sep 21
High number of new directors Jul 31
Second quarter 2021 earnings released: EPS CA$0.17 (vs CA$0.11 in 2Q 2020) Jul 29
Upcoming dividend of CA$0.065 per share Jun 22
Independent Director has left the company May 17
Element Fleet Management Corp. Provides Revenue Guidance for the Year 2021 May 14
First quarter 2021 earnings released: EPS CA$0.20 (vs CA$0.16 in 1Q 2020) May 12
Element Fleet Management Corp. Declares Dividend for the Second Quarter of 2021, Payable on July 15, 2021 May 12
Upcoming dividend of CA$0.065 per share Mar 24
New 90-day high: €8.65 Mar 09
Executive VP & CFO has left the company Mar 06
Full year 2020 earnings released: EPS CA$0.56 (vs CA$0.12 in FY 2019) Mar 05
Element Fleet Management Corp., Annual General Meeting, May 12, 2021 Feb 19
Financial Position Analysis
Short Term Liabilities: 61F's short term assets ($8.4B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: 61F's short term assets ($8.4B) do not cover its long term liabilities ($8.9B).
Debt to Equity History and Analysis
Debt Level: 61F's net debt to equity ratio (295.3%) is considered high .
Reducing Debt: 61F's debt to equity ratio has reduced from 329.3% to 300.1% over the past 5 years.
Debt Coverage: 61F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 61F's interest payments on its debt are well covered by EBIT .
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