Suncorp Group Balance Sheet Health
Financial Health criteria checks 5/6
Suncorp Group has a total shareholder equity of A$13.9B and total debt of A$2.8B, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are A$111.7B and A$97.8B respectively. Suncorp Group's EBIT is A$1.4B making its interest coverage ratio 0.5. It has cash and short-term investments of A$815.0M.
Key information
20.3%
Debt to equity ratio
AU$2.83b
Debt
Interest coverage ratio | 0.5x |
Cash | AU$815.00m |
Equity | AU$13.88b |
Total liabilities | AU$97.83b |
Total assets | AU$111.71b |
Recent financial health updates
No updates
Recent updates
Should You Be Adding Suncorp Group (ASX:SUN) To Your Watchlist Today?
Jun 18Suncorp Group Limited's (ASX:SUN) Shares Lagging The Market But So Is The Business
May 22If EPS Growth Is Important To You, Suncorp Group (ASX:SUN) Presents An Opportunity
Feb 29Is Now The Time To Put Suncorp Group (ASX:SUN) On Your Watchlist?
Oct 15Why We Think Shareholders May Be Considering Bumping Up Suncorp Group Limited's (ASX:SUN) CEO Compensation
Sep 19Analysts' Revenue Estimates For Suncorp Group Limited (ASX:SUN) Are Surging Higher
Aug 11Should You Buy Suncorp Group Limited (ASX:SUN) For Its Dividend?
Apr 06Should You Be Worried About Suncorp Group Limited's (ASX:SUN) 6.0% Return On Equity?
Mar 10Don't Buy Suncorp Group Limited (ASX:SUN) For Its Next Dividend Without Doing These Checks
Feb 12Suncorp Group's(ASX:SUN) Share Price Is Down 26% Over The Past Three Years.
Jan 19Should You Buy Suncorp Group Limited (ASX:SUN) For Its Dividend?
Dec 20Financial Position Analysis
Short Term Liabilities: SUN's short term assets (A$87.3B) exceed its short term liabilities (A$80.1B).
Long Term Liabilities: SUN's short term assets (A$87.3B) exceed its long term liabilities (A$17.7B).
Debt to Equity History and Analysis
Debt Level: SUN's net debt to equity ratio (14.5%) is considered satisfactory.
Reducing Debt: SUN's debt to equity ratio has reduced from 190.2% to 20.3% over the past 5 years.
Debt Coverage: SUN's debt is well covered by operating cash flow (88.4%).
Interest Coverage: SUN's interest payments on its debt are not well covered by EBIT (0.5x coverage).