Intact Financial Balance Sheet Health
Financial Health criteria checks 4/6
Intact Financial has a total shareholder equity of CA$15.7B and total debt of CA$4.5B, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are CA$65.0B and CA$49.3B respectively. Intact Financial's EBIT is CA$3.1B making its interest coverage ratio 17.3. It has cash and short-term investments of CA$2.8B.
Key information
28.9%
Debt to equity ratio
CA$4.54b
Debt
Interest coverage ratio | 17.3x |
Cash | CA$2.80b |
Equity | CA$15.69b |
Total liabilities | CA$49.27b |
Total assets | CA$64.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IFC N's short term assets (CA$18.2B) do not cover its short term liabilities (CA$27.0B).
Long Term Liabilities: IFC N's short term assets (CA$18.2B) do not cover its long term liabilities (CA$22.3B).
Debt to Equity History and Analysis
Debt Level: IFC N's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: IFC N's debt to equity ratio has reduced from 30% to 28.9% over the past 5 years.
Debt Coverage: IFC N's debt is well covered by operating cash flow (80.8%).
Interest Coverage: IFC N's interest payments on its debt are well covered by EBIT (17.3x coverage).