IGM Financial Inc.

IGM Financial Inc.verified

IGM.TO

Price:

$39.12

Market Cap:

$9.25B

IGM Financial Inc. operates as a wealth and asset management company in Canada. It operates through Wealth Management, Asset Management, and Strategic Investments and Other segments. The company offers financial advisory services; IG Living Plan that provides financial planning services, such as investment vehicles, insurance products, mortgage and banking solutions, and charitable giving program; IG Wealth Management Advisor Portal, a customer relationship management platform; and IG Wealth Management's dealer platform, which provides increased automation and supports both MFDA and IIROC licensed advisors, as well as new products on its investment dealer platform. It also provides mutual fu...[Read more]

Industry

Asset Management

IPO Date

1995-01-12

Stock Exchange

TSX

Ticker

IGM.TO

The Current Ratio as of September 2024 (TTM) for IGM Financial Inc. (IGM.TO) is 3.28

According to IGM Financial Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.28. This represents a change of -4.04% compared to the average of 3.42 of the last 4 quarters.

IGM Financial Inc. (IGM.TO) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of IGM Financial Inc. over the last ten years is 3.02. The current 3.28 Current Ratio has changed 10.75% with respect to the historical average. Over the past ten years (40 quarters), IGM.TO's Current Ratio was at its highest in in the September 2022 quarter at 18.92. The Current Ratio was at its lowest in in the June 2019 quarter at 2.56.

Quarterly (TTM)
Annual

Average

3.02

Median

2.88

Minimum

2.57

Maximum

4.03

IGM Financial Inc. (IGM.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of IGM Financial Inc. 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 = 25.09%

Maximum Annual Current Ratio = 4.03

Minimum Annual Increase = -14.26%

Minimum Annual Current Ratio = 2.57

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.46-14.26%
20224.0322.87%
20213.2825.09%
20202.622.16%
20192.57-0.53%
20182.58-0.57%
20172.60-7.48%
20162.81-5.23%
20152.96-10.69%
20143.312.73%

IGM Financial Inc. (IGM.TO) Average Current Ratio

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

The current Current Ratio of IGM Financial Inc. (IGM.TO) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

3.59

5-year avg

3.19

10-year avg

3.02

IGM Financial Inc. (IGM.TO) Current Ratio vs. Peers

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

IGM Financial Inc.’s Current Ratio is greater than CI Financial Corp. (0.34), less than Great-West Lifeco Inc. (11.38), greater than iA Financial Corporation Inc. (0), less than Power Corporation of Canada (8.69), greater than Canadian Western Bank (0.76),

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Frequently asked questions❓

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