Essent Group Balance Sheet Health
Financial Health criteria checks 6/6
Essent Group has a total shareholder equity of $5.7B and total debt of $494.3M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are $7.2B and $1.5B respectively. Essent Group's EBIT is $884.4M making its interest coverage ratio 24.8. It has cash and short-term investments of $745.0M.
Key information
8.73%
Debt to equity ratio
US$494.29m
Debt
| Interest coverage ratio | 24.8x |
| Cash | US$745.02m |
| Equity | US$5.66b |
| Total liabilities | US$1.55b |
| Total assets | US$7.20b |
Recent financial health updates
No updates
Recent updates
Earnings Working Against Essent Group Ltd.'s (NYSE:ESNT) Share Price
May 01
Essent Group Ltd.'s (NYSE:ESNT) Price Is Right But Growth Is Lacking
Dec 18Is Now The Time To Put Essent Group (NYSE:ESNT) On Your Watchlist?
Sep 03Insuring Growth: Essent Group's Q2 Earnings Paint A Bright Picture
Aug 29
Elevated Interest Rates And Tactical Diversifications Poised To Bolster Earnings
Aug 28 Favorable demographics and housing supply/demand imbalance boost the value of insured properties, potentially lowering claim rates and increasing revenues.Essent Group Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Aug 07Benign Growth For Essent Group Ltd. (NYSE:ESNT) Underpins Its Share Price
Jul 16Essent: Still Worried About Unemployment
Dec 07Essent Group: Insurances Grow And So Does The Buy Case
Aug 26Essent Group raises dividend to $0.25/share
Feb 10Essent's Catalyst Is The End To Economic Uncertainty
Jan 10Essent Group Q3 2022 Earnings Preview
Nov 03Essent In A Tough Industry, Underwriting Will Slow
Aug 25Essent Group GAAP EPS of $2.16 beats by $0.66, revenue of $244.4M in-line
Aug 05Essent Benefits From Housing Strength But Still Risky
Jun 03Financial Position Analysis
Short Term Liabilities: ESNT's short term assets ($1.3B) exceed its short term liabilities ($636.3M).
Long Term Liabilities: ESNT's short term assets ($1.3B) exceed its long term liabilities ($909.1M).
Debt to Equity History and Analysis
Debt Level: ESNT has more cash than its total debt.
Reducing Debt: ESNT's debt to equity ratio has reduced from 13.7% to 8.7% over the past 5 years.
Debt Coverage: ESNT's debt is well covered by operating cash flow (175.2%).
Interest Coverage: ESNT's interest payments on its debt are well covered by EBIT (24.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/13 23:43 |
| End of Day Share Price | 2025/05/13 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Essent Group Ltd. is covered by 17 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark DeVries | Barclays |
| Terry Ma | Barclays |
| Mihir Bhatia | BofA Global Research |