Hannover Rück Balance Sheet Health
Financial Health criteria checks 3/6
Hannover Rück has a total shareholder equity of €11.0B and total debt of €4.8B, which brings its debt-to-equity ratio to 43.3%. Its total assets and total liabilities are €66.5B and €55.5B respectively. Hannover Rück's EBIT is €2.3B making its interest coverage ratio 14.8. It has cash and short-term investments of €5.0B.
Key information
43.3%
Debt to equity ratio
€4.77b
Debt
Interest coverage ratio | 14.8x |
Cash | €4.99b |
Equity | €11.02b |
Total liabilities | €55.47b |
Total assets | €66.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HNR1's short term assets (€8.4B) do not cover its short term liabilities (€45.2B).
Long Term Liabilities: HNR1's short term assets (€8.4B) do not cover its long term liabilities (€10.2B).
Debt to Equity History and Analysis
Debt Level: HNR1 has more cash than its total debt.
Reducing Debt: HNR1's debt to equity ratio has increased from 26.8% to 43.3% over the past 5 years.
Debt Coverage: HNR1's debt is well covered by operating cash flow (121.2%).
Interest Coverage: HNR1's interest payments on its debt are well covered by EBIT (14.8x coverage).