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
Financial Position Analysis
Short Term Liabilities: I5U's short term assets (CA$9.0B) do not cover its short term liabilities (CA$24.1B).
Long Term Liabilities: I5U'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: I5U's net debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: I5U's debt to equity ratio has increased from 28.3% to 30.9% over the past 5 years.
Debt Coverage: I5U's debt is well covered by operating cash flow (36.3%).
Interest Coverage: I5U's interest payments on its debt are well covered by EBIT (10.4x coverage).