Equitable Group Liabilities 2024

Equitable Group Aktienanalyse

What does Equitable Group do?

The Equitable Group Inc. is a Canadian company based in Toronto that has been operating in the financial industry for over 150 years. Initially founded in 1859 as the Equitable Life Insurance Company of Canada, the company has evolved over the years into a diversified financial services provider. The Equitable Group's business model can be described as "banking and services". The company specializes primarily in providing mortgage loans to individual customers. However, it also offers a wide range of financial services, including savings and checking accounts, money market accounts, investment funds, asset management, and deposit insurance. The Equitable Life Insurance Company of Canada was originally founded by businessman Gilbert McMicken, who became wealthy in 1857 after acquiring large land holdings in the British colony of Canada West. Two years later, he founded the Equitable Life Insurance Company, and the company began selling life insurance in Ontario. Over the following decades, the company grew rapidly and became one of the leading life insurance companies in Canada. In 1957, the company was restructured and renamed the Equitable Trust Company, transforming it into an asset management firm. In the years that followed, the company expanded into other areas of the financial industry, including mortgages. Today, the Equitable Group is divided into two main subsidiaries: Equitable Bank and Equitable Trust. Equitable Bank is the larger of the two companies and offers a variety of banking products and services. Its business lines include mortgages, savings deposits, money market accounts, lines of credit, and investment funds. Equitable Bank's products include mortgages with various terms, as well as commercial real estate financing and microloans. In recent years, the company has also specialized in providing mortgages for self-employed individuals and alternative financing models in the real estate sector. In conclusion, the Equitable Group has long been a key player in the Canadian financial industry and has established itself as one of the country's leading mortgage providers in recent decades. Thanks to its wide range of products and services, as well as its long-term experience and track record, Equitable has become a trusted and popular partner for many customers and investors. Equitable Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Equitable Group's Liabilities

Equitable Group's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Equitable Group's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Equitable Group's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Equitable Group's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Equitable Group’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Equitable Group stock

What is the level of liabilities of Equitable Group this year?

Equitable Group has a debt balance of 50.09 B CAD this year.

What were the liabilities of Equitable Group compared to the previous year?

The liabilities of Equitable Group have increased by 3.04% increased compared to the previous year.

What are the consequences of high debt for investors of Equitable Group?

High liabilities can pose a risk for investors of Equitable Group, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Equitable Group?

Low liabilities mean that Equitable Group has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Equitable Group affect the company?

An increase in liabilities of Equitable Group can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Equitable Group affect the company?

A decrease in the liabilities of Equitable Group can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Equitable Group?

Some factors that can influence the liabilities of Equitable Group include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Equitable Group so important for investors?

The liabilities of Equitable Group are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Equitable Group take to modify the liabilities?

To change its liabilities, Equitable Group can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Equitable Group pay?

Over the past 12 months, Equitable Group paid a dividend of 1.5 CAD . This corresponds to a dividend yield of about 1.39 %. For the coming 12 months, Equitable Group is expected to pay a dividend of 1.63 CAD.

What is the dividend yield of Equitable Group?

The current dividend yield of Equitable Group is 1.39 %.

When does Equitable Group pay dividends?

Equitable Group pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Equitable Group?

Equitable Group paid dividends every year for the past 23 years.

What is the dividend of Equitable Group?

For the upcoming 12 months, dividends amounting to 1.63 CAD are expected. This corresponds to a dividend yield of 1.51 %.

In which sector is Equitable Group located?

Equitable Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Equitable Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Equitable Group from 9/30/2024 amounting to 0.47 CAD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.

When did Equitable Group pay the last dividend?

The last dividend was paid out on 9/30/2024.

What was the dividend of Equitable Group in the year 2023?

In the year 2023, Equitable Group distributed 1.21 CAD as dividends.

In which currency does Equitable Group pay out the dividend?

The dividends of Equitable Group are distributed in CAD.