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Intact Financial (TSX:IFC.PR.E.PFD) Equity-to-Asset : 0.29 (As of Dec. 2023)


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What is Intact Financial Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Intact Financial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$16,190.00 Mil. Intact Financial's Total Assets for the quarter that ended in Dec. 2023 was C$55,979.00 Mil. Therefore, Intact Financial's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.29.

The historical rank and industry rank for Intact Financial's Equity-to-Asset or its related term are showing as below:

TSX:IFC.PR.E.PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27   Med: 0.27   Max: 0.3
Current: 0.29

During the past 13 years, the highest Equity to Asset Ratio of Intact Financial was 0.30. The lowest was 0.27. And the median was 0.27.

TSX:IFC.PR.E.PFD's Equity-to-Asset is ranked better than
60.57% of 492 companies
in the Insurance industry
Industry Median: 0.24 vs TSX:IFC.PR.E.PFD: 0.29

Intact Financial Equity-to-Asset Historical Data

The historical data trend for Intact Financial's Equity-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.

Intact Financial Equity-to-Asset Chart

Intact Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.27 0.29 0.30 0.29

Intact Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-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 0.30 0.28 0.28 0.28 0.29

Competitive Comparison of Intact Financial's Equity-to-Asset

For the Insurance - Property & Casualty subindustry, Intact Financial's Equity-to-Asset, along with its competitors' market caps and Equity-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.


Intact Financial's Equity-to-Asset Distribution in the Insurance Industry

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

* The bar in red indicates where Intact Financial's Equity-to-Asset falls into.



Intact Financial Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Intact Financial's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=16190/55979
=0.29

Intact Financial's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=16190/55979
=0.29

* 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.


Intact Financial  (TSX:IFC.PR.E.PFD) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Intact Financial Equity-to-Asset Related Terms

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


Intact Financial (TSX:IFC.PR.E.PFD) Business Description

Address
700 University Avenue, Suite 1500, Toronto, ON, CAN, M5G 0A1
Intact Financial Corp is a property and casualty insurance company that provides written premiums in Canada. The company distributes insurance under the Intact Insurance brand through a network of brokers and a wholly-owned subsidiary, BrokerLink, and directly to consumers through Belairdirect. Most of the company's direct premiums are written in the personal automotive space. Intact directly manages its investments through subsidiary Intact Investment Management. The vast majority of these invested assets are fixed-income securities. Its asset mix is designed to generate interest and dividend income.

Intact Financial (TSX:IFC.PR.E.PFD) Headlines

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