First National Financial Balance Sheet Health
Financial Health criteria checks 3/6
First National Financial has a total shareholder equity of CA$737.8M and total debt of CA$44.7B, which brings its debt-to-equity ratio to 6063.7%. Its total assets and total liabilities are CA$46.0B and CA$45.2B respectively.
Key information
6,063.7%
Debt to equity ratio
CA$44.74b
Debt
Interest coverage ratio | n/a |
Cash | CA$2.65b |
Equity | CA$737.76m |
Total liabilities | CA$45.22b |
Total assets | CA$45.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FNLI.F's short term assets (CA$45.8B) exceed its short term liabilities (CA$4.5B).
Long Term Liabilities: FNLI.F's short term assets (CA$45.8B) exceed its long term liabilities (CA$40.8B).
Debt to Equity History and Analysis
Debt Level: FNLI.F's net debt to equity ratio (5704.1%) is considered high.
Reducing Debt: FNLI.F's debt to equity ratio has reduced from 6636.1% to 6063.7% over the past 5 years.
Debt Coverage: FNLI.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if FNLI.F's interest payments on its debt are well covered by EBIT.