Insurance Australia Group Balance Sheet Health
Financial Health criteria checks 4/6
Insurance Australia Group has a total shareholder equity of A$7.1B and total debt of A$2.5B, which brings its debt-to-equity ratio to 35.1%. Its total assets and total liabilities are A$25.6B and A$18.5B respectively. Insurance Australia Group's EBIT is A$1.7B making its interest coverage ratio 9.1. It has cash and short-term investments of A$1.8B.
Key information
35.1%
Debt to equity ratio
AU$2.50b
Debt
| Interest coverage ratio | 9.1x |
| Cash | AU$1.84b |
| Equity | AU$7.12b |
| Total liabilities | AU$18.50b |
| Total assets | AU$25.62b |
Recent financial health updates
No updates
Recent updates
Insurance Australia Group Limited's (ASX:IAG) Shareholders Might Be Looking For Exit
Nov 11
Insurance Australia Group Limited Just Missed Earnings - But Analysts Have Updated Their Models
Aug 23Insurance Australia Group Limited's (ASX:IAG) Business Is Trailing The Market But Its Shares Aren't
Aug 03Do Insurance Australia Group's (ASX:IAG) Earnings Warrant Your Attention?
Jul 12Some Confidence Is Lacking In Insurance Australia Group Limited's (ASX:IAG) P/E
Apr 10Insurance Australia Group (ASX:IAG) Ticks All The Boxes When It Comes To Earnings Growth
Mar 14Insurance Australia Group's (ASX:IAG) Upcoming Dividend Will Be Larger Than Last Year's
Feb 20There's No Escaping Insurance Australia Group Limited's (ASX:IAG) Muted Earnings
Dec 23Is Now The Time To Put Insurance Australia Group (ASX:IAG) On Your Watchlist?
Nov 26We Think Shareholders May Consider Being More Generous With Insurance Australia Group Limited's (ASX:IAG) CEO Compensation Package
Oct 04We Ran A Stock Scan For Earnings Growth And Insurance Australia Group (ASX:IAG) Passed With Ease
Aug 23Insurance Australia Group's (ASX:IAG) Dividend Will Be A$0.06
Feb 15New Forecasts: Here's What Analysts Think The Future Holds For Insurance Australia Group Limited (ASX:IAG)
Jul 10Analysts Just Made An Incredible Upgrade To Their Insurance Australia Group Limited (ASX:IAG) Forecasts
Feb 15
Earnings Update: Insurance Australia Group Limited (ASX:IAG) Just Reported And Analysts Are Boosting Their Estimates
Feb 12Does Insurance Australia Group Limited's (ASX:IAG) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?
Feb 02Financial Position Analysis
Short Term Liabilities: IAG's short term assets (A$9.1B) exceed its short term liabilities (A$1.2B).
Long Term Liabilities: IAG's short term assets (A$9.1B) do not cover its long term liabilities (A$17.3B).
Debt to Equity History and Analysis
Debt Level: IAG's net debt to equity ratio (9.2%) is considered satisfactory.
Reducing Debt: IAG's debt to equity ratio has increased from 29.9% to 35.1% over the past 5 years.
Debt Coverage: IAG's debt is well covered by operating cash flow (72%).
Interest Coverage: IAG's interest payments on its debt are well covered by EBIT (9.1x coverage).