Fairfax India Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Fairfax India Holdings has a total shareholder equity of $3.1B and total debt of $498.2M, which brings its debt-to-equity ratio to 16.3%. Its total assets and total liabilities are $3.7B and $657.1M respectively. Fairfax India Holdings's EBIT is $228.8M making its interest coverage ratio 9. It has cash and short-term investments of $106.5M.
Key information
16.3%
Debt to equity ratio
US$498.22m
Debt
| Interest coverage ratio | 9x |
| Cash | US$106.48m |
| Equity | US$3.06b |
| Total liabilities | US$657.07m |
| Total assets | US$3.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FFXD.F's short term assets ($112.7M) exceed its short term liabilities ($14.1M).
Long Term Liabilities: FFXD.F's short term assets ($112.7M) do not cover its long term liabilities ($643.0M).
Debt to Equity History and Analysis
Debt Level: FFXD.F's net debt to equity ratio (12.8%) is considered satisfactory.
Reducing Debt: FFXD.F's debt to equity ratio has reduced from 28.9% to 16.3% over the past 5 years.
Debt Coverage: FFXD.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FFXD.F's interest payments on its debt are well covered by EBIT (9x coverage).