Canadian Life Companies Split Corp
Canadian Life Companies Split Corp. is a closed-ended equity mutual fund launched and managed by Quadravest Capital Management Inc. It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating in the life insurance sector. It primarily invests in stocks of four publicly traded life insurance companies namely Great-West Lifeco Inc., Industrial Alliance Insurance and Financial Services Inc., Manulife Financial Corporation, and Sun Life Financial Inc. The fund employs fundamental analysis with a focus on such factors as a firm's earning history, relative price-earnings multiple, cash flow, dividend yield, market position, and growth prospects to create its portfolio. It benchmarks the performance of its portfolio against the S&P TSX Financial Index. Canadian Life Companies Split Corp. was formed on April 18, 2005 and is domiciled in Canada. Show More...
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Sector Financial Services
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Industry Asset Management
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Last Quote 4.11 CAD
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Last Updated 25-04-2024
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External Links Yahoo Finance Morningstar Ratios
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Interest Coverage
The interest coverage ratio is a debt ratio and profitability ratio used to determine how easily a company can pay interest on its outstanding debt.
Reference: Investopedia -
2010-11 2011-11 2012-11 2013-11 2014-11 2015-11 2016-11 2017-11 2018-11 2019-11 TTM Earnings Per Share CAD -0.46 -3.95 1.37 2.06 1.12 0.91 0.41 -1.89 1.8 1.8 Dividends CAD 0.13 0.1 0.1 0.1 0.67 0.19 0.1 0.1 Payout Ratio % * 87.7 84.8 5.5 Shares Mil 8.0 8.0 8.0 11.0 14.0 17.0 16.0 16.0 15.0 14.0 14.0 Book Value Per Share * CAD 5.32 1.0 2.37 2.92 3.17 4.55 4.23 4.23 4.23 3.65 5.17 Free Cash Flow Per Share * CAD -1.45 -1.01 4.59 -0.92 -1.98 -1.5 1.05 1.16 1.62 1.65 Return on Assets % -6.13 -27.83 9.81 15.23 7.14 0.010 5.96 2.75 -12.69 12.36 12.36 Financial Leverage (Average) 3.61 14.17 5.73 3.62 3.03 3.03 2.84 2.93 4.01 3.05 3.05 Return on Equity % -20.53 -147.23 80.69 63.6 23.27 0.02 17.45 7.91 -42.38 42.65 42.65 Return on Invested Capital % -20.53 -147.23 80.69 63.6 23.27 0.02 17.45 7.91 -42.38 42.65 42.65 Interest Coverage Current Ratio 25.82 196.41 12.42 32.36 64.68 176.46 18.17 26.76 1.33 1.49 1.49 Quick Ratio 25.82 196.41 12.42 32.36 64.68 176.46 18.17 26.76 1.33 1.49 1.49 Debt/Equity