CI Financial Balance Sheet Health
Financial Health criteria checks 1/6
CI Financial has a total shareholder equity of CA$2.5B and total debt of CA$3.5B, which brings its debt-to-equity ratio to 139.1%. Its total assets and total liabilities are CA$10.0B and CA$7.5B respectively. CI Financial's EBIT is CA$720.5M making its interest coverage ratio 4.1. It has cash and short-term investments of CA$179.8M.
Key information
139.1%
Debt to equity ratio
CA$3.51b
Debt
Interest coverage ratio | 4.1x |
Cash | CA$179.81m |
Equity | CA$2.52b |
Total liabilities | CA$7.46b |
Total assets | CA$9.98b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CF7's short term assets (CA$1.7B) do not cover its short term liabilities (CA$3.5B).
Long Term Liabilities: CF7's short term assets (CA$1.7B) do not cover its long term liabilities (CA$3.9B).
Debt to Equity History and Analysis
Debt Level: CF7's net debt to equity ratio (132%) is considered high.
Reducing Debt: CF7's debt to equity ratio has increased from 104.9% to 139.1% over the past 5 years.
Debt Coverage: CF7's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: CF7's interest payments on its debt are well covered by EBIT (4.1x coverage).