First American Financial Balance Sheet Health
Financial Health criteria checks 3/6
First American Financial has a total shareholder equity of $4.8B and total debt of $2.1B, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are $14.7B and $9.9B respectively. First American Financial's EBIT is $410.8M making its interest coverage ratio 3. It has cash and short-term investments of $1.6B.
Key information
43.4%
Debt to equity ratio
US$2.08b
Debt
Interest coverage ratio | 3x |
Cash | US$1.58b |
Equity | US$4.81b |
Total liabilities | US$9.89b |
Total assets | US$14.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Y1F's short term assets ($2.9B) do not cover its short term liabilities ($8.0B).
Long Term Liabilities: Y1F's short term assets ($2.9B) exceed its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: Y1F's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: Y1F's debt to equity ratio has increased from 22% to 43.4% over the past 5 years.
Debt Coverage: Y1F's debt is well covered by operating cash flow (24.7%).
Interest Coverage: Y1F's interest payments on its debt are not well covered by EBIT (3x coverage).