Insurance Australia Group Balance Sheet Health
Financial Health criteria checks 5/6
Insurance Australia Group has a total shareholder equity of A$7.0B and total debt of A$2.5B, which brings its debt-to-equity ratio to 36.1%. Its total assets and total liabilities are A$25.0B and A$17.9B respectively. Insurance Australia Group's EBIT is A$1.5B making its interest coverage ratio 8.8. It has cash and short-term investments of A$12.9B.
Key information
36.1%
Debt to equity ratio
AU$2.54b
Debt
| Interest coverage ratio | 8.8x |
| Cash | AU$12.92b |
| Equity | AU$7.03b |
| Total liabilities | AU$17.92b |
| Total assets | AU$24.96b |
Recent financial health updates
No updates
Recent updates
Some Confidence Is Lacking In Insurance Australia Group Limited's (ASX:IAG) P/E
Apr 10
Insurance 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 02Some Shareholders Feeling Restless Over Insurance Australia Group Limited's (ASX:IAG) P/E Ratio
Jul 13Financial Position Analysis
Short Term Liabilities: IAG's short term assets (A$20.0B) exceed its short term liabilities (A$407.0M).
Long Term Liabilities: IAG's short term assets (A$20.0B) exceed its long term liabilities (A$17.5B).
Debt to Equity History and Analysis
Debt Level: IAG has more cash than its total debt.
Reducing Debt: IAG's debt to equity ratio has increased from 30.2% to 36.1% over the past 5 years.
Debt Coverage: IAG's debt is well covered by operating cash flow (38.1%).
Interest Coverage: IAG's interest payments on its debt are well covered by EBIT (8.8x coverage).