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First National Financial (TSX:FN) Debt-to-Asset : 0.89 (As of Dec. 2024)


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What is First National Financial Debt-to-Asset?

First National Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.0 Mil. First National Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$45,400.9 Mil. First National Financial's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was C$51,157.1 Mil. First National Financial's debt to asset for the quarter that ended in Dec. 2024 was 0.89.


First National Financial Debt-to-Asset Historical Data

The historical data trend for First National Financial'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.

First National Financial Debt-to-Asset Chart

First National Financial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.88 0.88 0.88 0.89

First National Financial Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.88 0.92 0.87 0.91 0.89

Competitive Comparison of First National Financial's Debt-to-Asset

For the Mortgage Finance subindustry, First National Financial'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.


First National Financial's Debt-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First National Financial's Debt-to-Asset distribution charts can be found below:

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


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First National Financial Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

First National Financial's Debt-to-Asset for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 45400.915) / 51157.141
=0.89

First National Financial's Debt-to-Asset for the quarter that ended in Dec. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 45400.915) / 51157.141
=0.89

* 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.


First National Financial  (TSX:FN) 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.


First National Financial Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of First National Financial's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


First National Financial Business Description

Address
16 York Street, Suite 1900, Toronto, ON, CAN, M5J 0E6
First National Financial Corp is a Canadian originator, underwriter and servicer of predominantly prime residential and commercial mortgages. The Company operates in two business segments, Residential and Commercial. These segments are organized by mortgage type and contain revenue and expenses related to origination, underwriting, securitization and servicing activities. It derives maximum revenue from Residential segment.
Executives
Fnsc Holdings Inc. 10% Security Holder
Stephen Smith Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Martine Irman Director
Diane Sinhuber Director
First National Securities Corporation 10% Security Holder
Hilda Wong Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Barbara Frank Palk Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Duncan Newton Rowell Jackman Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

First National Financial Headlines