Talanx Balance Sheet Health
Financial Health criteria checks 4/6
Talanx has a total shareholder equity of €16.8B and total debt of €8.7B, which brings its debt-to-equity ratio to 51.5%. Its total assets and total liabilities are €169.3B and €152.6B respectively. Talanx's EBIT is €3.8B making its interest coverage ratio 10.4. It has cash and short-term investments of €20.0B.
Key information
51.5%
Debt to equity ratio
€8.66b
Debt
Interest coverage ratio | 10.4x |
Cash | €19.96b |
Equity | €16.79b |
Total liabilities | €152.55b |
Total assets | €169.35b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TLX's short term assets (€30.5B) exceed its short term liabilities (€5.6B).
Long Term Liabilities: TLX's short term assets (€30.5B) do not cover its long term liabilities (€146.9B).
Debt to Equity History and Analysis
Debt Level: TLX has more cash than its total debt.
Reducing Debt: TLX's debt to equity ratio has increased from 34.9% to 51.5% over the past 5 years.
Debt Coverage: TLX's debt is well covered by operating cash flow (93.5%).
Interest Coverage: TLX's interest payments on its debt are well covered by EBIT (10.4x coverage).