IGM.TO
Price:
$42.33
Market Cap:
$10.02B
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
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.
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.
Average
3.02
Median
2.88
Minimum
2.57
Maximum
4.03
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
Year | Current Ratio | Change |
---|---|---|
2023 | 3.46 | -14.26% |
2022 | 4.03 | 22.87% |
2021 | 3.28 | 25.09% |
2020 | 2.62 | 2.16% |
2019 | 2.57 | -0.53% |
2018 | 2.58 | -0.57% |
2017 | 2.60 | -7.48% |
2016 | 2.81 | -5.23% |
2015 | 2.96 | -10.69% |
2014 | 3.31 | 2.73% |
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.’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),
Company | Current Ratio | Market cap |
---|---|---|
0.34 | $3.37B | |
11.38 | $43.62B | |
0 | $10.76B | |
8.69 | $28.62B | |
0.76 | $5.52B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like IGM Financial Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like IGM Financial Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is IGM Financial Inc.'s Current Ratio?
How is the Current Ratio calculated for IGM Financial Inc. (IGM.TO)?
What is the highest Current Ratio for IGM Financial Inc. (IGM.TO)?
What is the 3-year average Current Ratio for IGM Financial Inc. (IGM.TO)?
What is the 5-year average Current Ratio for IGM Financial Inc. (IGM.TO)?
How does the current Current Ratio for IGM Financial Inc. (IGM.TO) compare to its historical average?