Definity Financial Corporation

Definity Financial Corporationverified

DFY.TO

Price:

$54.16

Market Cap:

$6.28B

Definity Financial Corporation, together with its subsidiaries, provides property and casualty insurance products in Canada. It offers personal insurance products, including auto, property, general and umbrella liability, and pet insurance products to individuals under the Economical, Sonnet, Family, Petsecure, and Peppermint brands; and commercial insurance products comprising fleet, commercial auto, property, liability, and specialty insurance products to businesses under the Economical brand name. The company distributes its products on a primarily intermediated basis, and through brokers, as well as directly to customers. Definity Financial Corporation was formerly known as Economical Ho...[Read more]

Industry

Insurance - Property & Casualty

IPO Date

2021-11-18

Stock Exchange

TSX

Ticker

DFY.TO

The Current Ratio as of November 2024 (TTM) for Definity Financial Corporation (DFY.TO) is 6.34

According to Definity Financial Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 6.34. This represents a change of 13.08% compared to the average of 5.60 of the last 4 quarters.

Definity Financial Corporation (DFY.TO) Historical Current Ratio (quarterly & annually)

How has DFY.TO Current Ratio performed in the past?

The mean historical Current Ratio of Definity Financial Corporation over the last ten years is 10.17. The current 6.34 Current Ratio has changed 6.13% with respect to the historical average. Over the past ten years (40 quarters), DFY.TO's Current Ratio was at its highest in in the June 2022 quarter at 26.45. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

10.17

Median

9.03

Minimum

0

Maximum

22.64

Definity Financial Corporation (DFY.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Definity Financial Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Current Ratio = 22.64

Minimum Annual Increase = -99.01%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.18-99.01%
202217.63-12.58%
202120.16-10.96%
202022.645.05%
20190.44Infinity%

Definity Financial Corporation (DFY.TO) Average Current Ratio

How has DFY.TO Current Ratio performed in the past?

The current Current Ratio of Definity Financial Corporation (DFY.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

12.65

5-year avg

12.21

10-year avg

10.17

Definity Financial Corporation (DFY.TO) Current Ratio vs. Peers

How is DFY.TO’s Current Ratio compared to its peers?

Definity Financial Corporation’s Current Ratio is less than Trisura Group Ltd. (113.26), greater than Pet Valu Holdings Ltd. (1.37), less than Intact Financial Corporation (8.26), greater than Topaz Energy Corp. (2.12), greater than Neighbourly Pharmacy Inc. (1.14),

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