QBE Insurance Group Balance Sheet Health
Financial Health criteria checks 5/6
QBE Insurance Group has a total shareholder equity of $10.0B and total debt of $2.8B, which brings its debt-to-equity ratio to 28.1%. Its total assets and total liabilities are $42.1B and $32.2B respectively. QBE Insurance Group's EBIT is $2.1B making its interest coverage ratio 12.4. It has cash and short-term investments of $6.8B.
Key information
28.1%
Debt to equity ratio
US$2.80b
Debt
| Interest coverage ratio | 12.4x |
| Cash | US$6.78b |
| Equity | US$9.95b |
| Total liabilities | US$32.16b |
| Total assets | US$42.11b |
Recent financial health updates
No updates
Recent updates
With EPS Growth And More, QBE Insurance Group (ASX:QBE) Makes An Interesting Case
Apr 15
QBE Insurance Group Limited (ASX:QBE) Looks Inexpensive But Perhaps Not Attractive Enough
Jan 01With EPS Growth And More, QBE Insurance Group (ASX:QBE) Makes An Interesting Case
Nov 15QBE Insurance Group's (ASX:QBE) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 15We Ran A Stock Scan For Earnings Growth And QBE Insurance Group (ASX:QBE) Passed With Ease
Aug 13QBE Insurance Group (ASX:QBE) Is Paying Out A Larger Dividend Than Last Year
Aug 14How Much Did QBE Insurance Group's(ASX:QBE) Shareholders Earn From Share Price Movements Over The Last Year?
Feb 03
Is QBE Insurance Group Limited (ASX:QBE) A Risky Dividend Stock?
Dec 11QBE Insurance Group (ASX:QBE) Share Prices Have Dropped 34% In The Last Five Years
Jul 21QBE Insurance Group Limited's (ASX:QBE) Dismal Stock Performance Reflects Weak Fundamentals
Jun 30Financial Position Analysis
Short Term Liabilities: QBE's short term assets ($16.9B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: QBE's short term assets ($16.9B) do not cover its long term liabilities ($30.5B).
Debt to Equity History and Analysis
Debt Level: QBE has more cash than its total debt.
Reducing Debt: QBE's debt to equity ratio has reduced from 38% to 28.1% over the past 5 years.
Debt Coverage: QBE's debt is well covered by operating cash flow (53.7%).
Interest Coverage: QBE's interest payments on its debt are well covered by EBIT (12.4x coverage).