Fairfax Financial Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Fairfax Financial Holdings has a total shareholder equity of $27.6B and total debt of $10.4B, which brings its debt-to-equity ratio to 37.4%. Its total assets and total liabilities are $91.9B and $64.3B respectively. Fairfax Financial Holdings's EBIT is $5.2B making its interest coverage ratio 9.8. It has cash and short-term investments of $8.7B.
Key information
37.4%
Debt to equity ratio
US$10.35b
Debt
Interest coverage ratio | 9.8x |
Cash | US$8.69b |
Equity | US$27.64b |
Total liabilities | US$64.27b |
Total assets | US$91.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FFHP.F's short term assets ($21.9B) exceed its short term liabilities ($5.7B).
Long Term Liabilities: FFHP.F's short term assets ($21.9B) do not cover its long term liabilities ($58.6B).
Debt to Equity History and Analysis
Debt Level: FFHP.F's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: FFHP.F's debt to equity ratio has reduced from 41.2% to 37.4% over the past 5 years.
Debt Coverage: FFHP.F's debt is well covered by operating cash flow (25.9%).
Interest Coverage: FFHP.F's interest payments on its debt are well covered by EBIT (9.8x coverage).