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FAXXF.PFD (Fairfax Financial Holdings) Debt-to-Asset : 0.11 (As of Sep. 2024)


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What is Fairfax Financial Holdings Debt-to-Asset?

Fairfax Financial Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Fairfax Financial Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $10,710.90 Mil. Fairfax Financial Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $96,616.30 Mil. Fairfax Financial Holdings's debt to asset for the quarter that ended in Sep. 2024 was 0.11.


Fairfax Financial Holdings Debt-to-Asset Historical Data

The historical data trend for Fairfax Financial Holdings's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fairfax Financial Holdings Debt-to-Asset Chart

Fairfax Financial Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.14 0.11 0.12 0.12

Fairfax Financial Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.12 0.11 0.12 0.11

Competitive Comparison of Fairfax Financial Holdings's Debt-to-Asset

For the Insurance - Property & Casualty subindustry, Fairfax Financial Holdings's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fairfax Financial Holdings's Debt-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Fairfax Financial Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Fairfax Financial Holdings's Debt-to-Asset falls into.



Fairfax Financial Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Fairfax Financial Holdings's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(790.6 + 10008.1) / 91985.1
=0.12

Fairfax Financial Holdings's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fairfax Financial Holdings  (OTCPK:FAXXF.PFD) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Fairfax Financial Holdings Debt-to-Asset Related Terms

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Fairfax Financial Holdings Business Description

Address
95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7
Fairfax provides reinsurance and property and casualty insurance in Canada, the United States, and other international markets. The company also has some noninsurance operations such as restaurants. Fairfax has been led by Prem Watsa, its chairman and CEO, since its formation in 1985.