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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 20:05 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Fairfax India Holdings Corporation is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jeffrey Fenwick | Cormark Securities Inc. |
| Mark Dwelle | RBC Capital Markets |