Intact Financial Balance Sheet Health
Financial Health criteria checks 3/6
Intact Financial has a total shareholder equity of CA$17.8B and total debt of CA$5.1B, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are CA$59.3B and CA$41.5B respectively. Intact Financial's EBIT is CA$3.0B making its interest coverage ratio 13.1. It has cash and short-term investments of CA$2.8B.
Key information
28.8%
Debt to equity ratio
CA$5.12b
Debt
| Interest coverage ratio | 13.1x |
| Cash | CA$2.78b |
| Equity | CA$17.78b |
| Total liabilities | CA$41.52b |
| Total assets | CA$59.30b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: I5U's short term assets (CA$9.5B) do not cover its short term liabilities (CA$26.8B).
Long Term Liabilities: I5U's short term assets (CA$9.5B) do not cover its long term liabilities (CA$14.7B).
Debt to Equity History and Analysis
Debt Level: I5U's net debt to equity ratio (13.2%) is considered satisfactory.
Reducing Debt: I5U's debt to equity ratio has increased from 24.8% to 28.8% over the past 5 years.
Debt Coverage: I5U's debt is well covered by operating cash flow (52.6%).
Interest Coverage: I5U's interest payments on its debt are well covered by EBIT (13.1x coverage).