Intact Financial Balance Sheet Health
Financial Health criteria checks 3/6
Intact Financial has a total shareholder equity of CA$17.0B and total debt of CA$4.9B, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are CA$56.4B and CA$39.4B respectively. Intact Financial's EBIT is CA$2.5B making its interest coverage ratio 10.6. It has cash and short-term investments of CA$2.3B.
Key information
28.9%
Debt to equity ratio
CA$4.93b
Debt
Interest coverage ratio | 10.6x |
Cash | CA$2.28b |
Equity | CA$17.03b |
Total liabilities | CA$39.42b |
Total assets | CA$56.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INTA.F's short term assets (CA$8.5B) do not cover its short term liabilities (CA$24.7B).
Long Term Liabilities: INTA.F's short term assets (CA$8.5B) do not cover its long term liabilities (CA$14.7B).
Debt to Equity History and Analysis
Debt Level: INTA.F's net debt to equity ratio (15.6%) is considered satisfactory.
Reducing Debt: INTA.F's debt to equity ratio has increased from 27.4% to 28.9% over the past 5 years.
Debt Coverage: INTA.F's debt is well covered by operating cash flow (53.2%).
Interest Coverage: INTA.F's interest payments on its debt are well covered by EBIT (10.6x coverage).