Definity Financial Corporation (TSX:DFY)
Canada · Delayed Price · Currency is CAD 74.03
+0.83 (1.13%)
Aug 24, 2026, 4:00 PM EST
Definity Financial Balance Sheet
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Investments in Debt Securities | 7,889 | 4,495 | 4,043 | 3,773 | 3,924 | 4,234 |
Investments in Equity & Preferred Securities | 1,149 | 1,067 | 1,072 | 980.6 | 852.4 | 1,053 |
Other Investments | 247.9 | 1,389 | 186.3 | 211.7 | 146.5 | 131.5 |
Total Investments | 9,285 | 6,951 | 5,302 | 4,965 | 4,923 | 5,419 |
Cash & Equivalents | 238.2 | 355.9 | 322.1 | 197.5 | 200.5 | 387.3 |
Reinsurance Recoverable | 720.4 | 366.7 | 346.2 | 330.4 | 305.1 | 179.2 |
Other Receivables | 225.1 | 116.3 | 103.5 | 88.7 | 138.8 | 1,122 |
Deferred Policy Acquisition Cost | - | - | - | - | - | 295.1 |
Property, Plant & Equipment | 110.6 | 98.6 | 104.8 | 103.1 | 83.8 | 57 |
Goodwill | 1,226 | 785.5 | 686.3 | 572.4 | 338 | 46.1 |
Other Intangible Assets | 1,393 | 776.8 | 711.2 | 657.5 | 433.6 | 173.6 |
Restricted Cash | - | - | 14.8 | 244 | 302.1 | 110.8 |
Other Current Assets | 71.1 | 65.5 | 41.3 | 35.1 | 29.7 | 18.1 |
Long-Term Deferred Tax Assets | 146.7 | 21 | 13.2 | 23.6 | 25.2 | 62.5 |
Other Long-Term Assets | 54.2 | 40.3 | 48.1 | 41.9 | 40.3 | 21.4 |
Total Assets | 13,470 | 9,577 | 7,693 | 7,260 | 6,820 | 7,891 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 124.4 | 79.9 | 77 | 54.9 | 77.9 | 191.7 |
Accrued Expenses | - | 1.9 | 1.8 | 1.9 | - | 126.4 |
Insurance & Annuity Liabilities | 2,874 | 408.4 | 378.1 | 359.3 | 3,578 | - |
Unpaid Claims | 3,854 | 3,393 | 3,225 | 3,135 | - | 3,336 |
Unearned Premiums | - | - | - | - | - | 1,599 |
Current Portion of Leases | - | 10.2 | 9.2 | 9.3 | - | - |
Short-Term Debt | 143.5 | - | 110.1 | - | 39.1 | - |
Current Income Taxes Payable | 26.6 | 21.2 | 42.3 | 117.9 | - | 55.6 |
Long-Term Debt | 1,513 | 1,123 | 114.3 | 114.3 | - | - |
Long-Term Leases | 47.8 | 31.7 | 26 | 26.3 | 31.7 | 18.9 |
Long-Term Deferred Tax Liabilities | 372.7 | 153.3 | 154.3 | 150.7 | 103.5 | - |
Other Current Liabilities | 17.9 | 37.8 | 9.4 | 4.7 | 3.1 | 22.5 |
Other Long-Term Liabilities | - | - | 14.8 | 252.5 | 302.1 | 110.8 |
Total Liabilities | 9,018 | 5,285 | 4,187 | 4,253 | 4,161 | 5,495 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 2,607 | 2,600 | 2,220 | 2,273 | 2,254 | 2,308 |
Additional Paid-In Capital | 50.5 | 53 | 42.4 | 40.4 | 40.2 | 19.3 |
Retained Earnings | 1,526 | 1,376 | 1,058 | 561.3 | 287.8 | -28.8 |
Comprehensive Income & Other | 20.8 | 21.2 | -1.1 | -27 | -32.4 | 98 |
Total Common Equity | 4,204 | 4,050 | 3,320 | 2,848 | 2,550 | 2,396 |
Minority Interest | 248 | 242.4 | 186.3 | 159.2 | 108.5 | - |
Shareholders' Equity | 4,452 | 4,292 | 3,506 | 3,007 | 2,658 | 2,396 |
Total Liabilities & Equity | 13,470 | 9,577 | 7,693 | 7,260 | 6,820 | 7,891 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Filing Date Shares Outstanding | 120.12 | 119.92 | 114.1 | 114.89 | 114.4 | 115.9 |
Total Common Shares Outstanding | 120.1 | 119.92 | 114 | 114.9 | 114.4 | 115.9 |
Total Debt | 1,704 | 1,165 | 259.6 | 149.9 | 70.8 | 18.9 |
Net Cash (Debt) | -1,466 | -808.7 | 62.5 | 47.6 | 129.7 | 368.4 |
Net Cash Growth | - | - | 31.30% | -63.30% | -64.79% | -24.60% |
Net Cash Per Share | -12.04 | -6.79 | 0.54 | 0.41 | 1.11 | 3.50 |
Book Value Per Share | 35.01 | 33.77 | 29.12 | 24.78 | 22.29 | 20.68 |
Tangible Book Value | 1,586 | 2,487 | 1,922 | 1,618 | 1,778 | 2,177 |
Tangible Book Value Per Share | 13.20 | 20.74 | 16.86 | 14.08 | 15.54 | 18.78 |
Land | - | 53.8 | 62.6 | 59.4 | 43.7 | 39.7 |
Buildings | - | 22.8 | 30.5 | 29.3 | 27.4 | 19.9 |
Machinery | - | 40.9 | 46.9 | 47.3 | 43.4 | 42.8 |