Definity Financial Corp
Definity Financial Corporation, together with its subsidiaries, offers property and casualty insurance products in Canada. It provides 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, includes fleet, commercial a… Read more
Definity Financial Corp (DFY) - Total Assets
Latest total assets as of September 2025: CA$9.56 Billion CAD
Based on the latest financial reports, Definity Financial Corp (DFY) holds total assets worth CA$9.56 Billion CAD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Definity Financial Corp - Total Assets Trend (2019–2024)
This chart illustrates how Definity Financial Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Definity Financial Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Definity Financial Corp's total assets of CA$9.56 Billion consist of 12.0% current assets and 88.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$59.90 Million | 4.2% |
| Accounts Receivable | CA$380.20 Million | 4.9% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$104.80 Million | 1.4% |
| Intangible Assets | CA$711.20 Million | 9.2% |
| Goodwill | CA$686.30 Million | 8.9% |
Asset Composition Trend (2019–2024)
This chart illustrates how Definity Financial Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Definity Financial Corp's current assets represent 12.0% of total assets in 2024, a decrease from 21.7% in 2019.
- Cash Position: Cash and equivalents constituted 4.2% of total assets in 2024, up from 1.6% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 17.0% of total assets, an increase from 6.0% in 2019.
- Asset Diversification: The largest asset category is intangible assets at 9.2% of total assets.
Definity Financial Corp Competitors by Total Assets
Key competitors of Definity Financial Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanwha General
KO:000370
|
Korea | ₩20.72 Trillion |
|
Lotte Non-Life
KO:000400
|
Korea | ₩14.88 Trillion |
|
Heungkuk F&M I
KO:000540
|
Korea | ₩13.12 Trillion |
|
Heungkuk Fire & Marine Insurance Co Ltd
KO:000545
|
Korea | ₩13.12 Trillion |
|
Samsung Fire & Marine Insurance
KO:000810
|
Korea | ₩88.44 Trillion |
|
Samsung Fire And Marine Ins Pref
KO:000815
|
Korea | ₩88.44 Trillion |
|
Hyundai Mar&Fi
KO:001450
|
Korea | ₩50.71 Trillion |
|
DB Insurance Co Ltd
KO:005830
|
Korea | ₩72.11 Trillion |
Definity Financial Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Definity Financial Corp generates 0.59x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Definity Financial Corp generates $5.59 in net profit.
Definity Financial Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.41 | 4.52 | 5.68 |
| Quick Ratio | 3.41 | 8.71 | 5.68 |
| Cash Ratio | 0.22 | 0.00 | 0.00 |
| Working Capital | CA$652.70 Million | CA$ 595.40 Million | CA$ 420.40 Million |
Definity Financial Corp - Advanced Valuation Insights
This section examines the relationship between Definity Financial Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.98 |
| Latest Market Cap to Assets Ratio | 0.72 |
| Asset Growth Rate (YoY) | 6.0% |
| Total Assets | CA$7.69 Billion |
| Market Capitalization | $5.52 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Definity Financial Corp's assets below their book value (0.72 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Definity Financial Corp's assets grew by 6.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Definity Financial Corp (2019–2024)
The table below shows the annual total assets of Definity Financial Corp from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$7.69 Billion | +5.98% |
| 2023-12-31 | CA$7.26 Billion | -12.71% |
| 2022-12-31 | CA$8.32 Billion | +5.39% |
| 2021-12-31 | CA$7.89 Billion | +19.20% |
| 2020-12-31 | CA$6.62 Billion | +11.14% |
| 2019-12-31 | CA$5.96 Billion | -- |