Fairfax Financial Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Fairfax Financial Holdings has a total shareholder equity of $24.0B and total debt of $8.7B, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are $81.2B and $57.1B respectively. Fairfax Financial Holdings's EBIT is $2.0B making its interest coverage ratio 4.2. It has cash and short-term investments of $8.5B.
Key information
36.3%
Debt to equity ratio
US$8.72b
Debt
Interest coverage ratio | 4.2x |
Cash | US$8.46b |
Equity | US$24.03b |
Total liabilities | US$57.14b |
Total assets | US$81.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FFH N's short term assets ($20.0B) exceed its short term liabilities ($5.2B).
Long Term Liabilities: FFH N's short term assets ($20.0B) do not cover its long term liabilities ($51.9B).
Debt to Equity History and Analysis
Debt Level: FFH N's net debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: FFH N's debt to equity ratio has reduced from 37.4% to 36.3% over the past 5 years.
Debt Coverage: FFH N's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FFH N's interest payments on its debt are well covered by EBIT (4.2x coverage).