First American Financial Balance Sheet Health
Financial Health criteria checks 2/6
First American Financial has a total shareholder equity of $5.1B and total debt of $2.7B, which brings its debt-to-equity ratio to 53.3%. Its total assets and total liabilities are $16.6B and $11.5B respectively. First American Financial's EBIT is $243.1M making its interest coverage ratio 1.7. It has cash and short-term investments of $3.0B.
Key information
53.3%
Debt to equity ratio
US$2.73b
Debt
Interest coverage ratio | 1.7x |
Cash | US$3.01b |
Equity | US$5.11b |
Total liabilities | US$11.46b |
Total assets | US$16.57b |
Recent financial health updates
No updates
Recent updates
First American Financial: Housing Market Malaise Outweighs Portfolio Repositioning
Nov 11First American Financial Corporation's (NYSE:FAF) Share Price Matching Investor Opinion
Aug 19First American Financial: Too Much Optimism Around A Recovery
Aug 12First American Financial: Lack Of Near-Term Growth Leaves Shares With Limited Upside
May 16First American Financial Corporation's (NYSE:FAF) Popularity With Investors Is Clear
Apr 19First American Financial: Limited Housing Supply Leaves Shares Fully Valued
Dec 30Getting In Cheap On First American Financial Corporation (NYSE:FAF) Might Be Difficult
Dec 25Why First American Financial Is Worth A Nibble At Current Prices
Oct 20First American Financial (NYSE:FAF) Is Increasing Its Dividend To $0.53
Aug 26First American Financial: Cooling Volumes Makes For A Hold
Aug 09First American Financial Q4 2022 Earnings Preview
Feb 08First American acquires 1031 Solutions
Feb 02First American Financial: Patience Should Be Rewarded
Jan 12First American Financial declares $0.52 dividend
Nov 16First American Financial: Low-Risk Housing Play At A Great Valuation
Oct 21First American Financial (NYSE:FAF) Is Paying Out A Larger Dividend Than Last Year
Aug 27First American Financial raises dividend by 2% to $0.52/share
Aug 24Ensemble Capital Management - First American: At Its Lowest Valuation In Over A Decade
Jul 19Here's Why We Think First American Financial (NYSE:FAF) Is Well Worth Watching
Jun 10Here's Why I Think First American Financial (NYSE:FAF) Is An Interesting Stock
Feb 28Financial Position Analysis
Short Term Liabilities: FAF's short term assets ($4.4B) do not cover its short term liabilities ($9.1B).
Long Term Liabilities: FAF's short term assets ($4.4B) exceed its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: FAF has more cash than its total debt.
Reducing Debt: FAF's debt to equity ratio has increased from 22.6% to 53.3% over the past 5 years.
Debt Coverage: FAF's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: FAF's interest payments on its debt are not well covered by EBIT (1.7x coverage).