Fairfax India Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Fairfax India Holdings has a total shareholder equity of $2.7B and total debt of $497.4M, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are $3.3B and $597.9M respectively. Fairfax India Holdings's EBIT is $156.5M making its interest coverage ratio 6.1. It has cash and short-term investments of $202.2M.
Key information
18.3%
Debt to equity ratio
US$497.44m
Debt
| Interest coverage ratio | 6.1x |
| Cash | US$202.15m |
| Equity | US$2.72b |
| Total liabilities | US$597.90m |
| Total assets | US$3.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FIHU N's short term assets ($207.3M) exceed its short term liabilities ($43.5M).
Long Term Liabilities: FIHU N's short term assets ($207.3M) do not cover its long term liabilities ($554.4M).
Debt to Equity History and Analysis
Debt Level: FIHU N's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: FIHU N's debt to equity ratio has increased from 17.9% to 18.3% over the past 5 years.
Debt Coverage: FIHU N's debt is well covered by operating cash flow (25.4%).
Interest Coverage: FIHU N's interest payments on its debt are well covered by EBIT (6.1x coverage).