CI Financial Balance Sheet Health
Financial Health criteria checks 1/6
CI Financial has a total shareholder equity of CA$818.2M and total debt of CA$5.4B, which brings its debt-to-equity ratio to 664.4%. Its total assets and total liabilities are CA$10.3B and CA$9.5B respectively. CI Financial's EBIT is CA$786.2M making its interest coverage ratio 3.8. It has cash and short-term investments of CA$176.8M.
Key information
664.4%
Debt to equity ratio
CA$5.44b
Debt
| Interest coverage ratio | 3.8x |
| Cash | CA$176.84m |
| Equity | CA$818.18m |
| Total liabilities | CA$9.51b |
| Total assets | CA$10.33b |
Recent financial health updates
Recent updates
CI financial reports November AUM at an all time high
Dec 22CI Financial Non-GAAP EPS of C$0.7, revenue of C$513.6M
Nov 10CI Financial's total assets slide to $245.2B in September vs. August
Oct 17CI Financial goes ex dividend tomorrow
Sep 28CI Financial assets totaled C$345.9B in August, down 0.8% from July
Sep 15CI Financial Non-GAAP EPS of C$0.78, revenue of C$566.6M
Aug 11CI Financial reports $333.7B in prelim June total assets
Jul 21Financial Position Analysis
Short Term Liabilities: CIXX.F's short term assets (CA$1.7B) do not cover its short term liabilities (CA$5.2B).
Long Term Liabilities: CIXX.F's short term assets (CA$1.7B) do not cover its long term liabilities (CA$4.3B).
Debt to Equity History and Analysis
Debt Level: CIXX.F's net debt to equity ratio (642.8%) is considered high.
Reducing Debt: CIXX.F's debt to equity ratio has increased from 102.6% to 664.4% over the past 5 years.
Debt Coverage: CIXX.F's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: CIXX.F's interest payments on its debt are well covered by EBIT (3.8x coverage).