Suncorp Group Balance Sheet Health
Financial Health criteria checks 1/6
Suncorp Group has a total shareholder equity of A$13.8B and total debt of A$26.7B, which brings its debt-to-equity ratio to 194.3%. Its total assets and total liabilities are A$108.8B and A$95.1B respectively. Suncorp Group's EBIT is A$4.5B making its interest coverage ratio 1.6. It has cash and short-term investments of A$7.1B.
Key information
194.3%
Debt to equity ratio
AU$26.73b
Debt
Interest coverage ratio | 1.6x |
Cash | AU$7.10b |
Equity | AU$13.76b |
Total liabilities | AU$95.05b |
Total assets | AU$108.81b |
Recent financial health updates
No updates
Recent updates
If 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 20It Might Not Be A Great Idea To Buy Suncorp Group Limited (ASX:SUN) For Its Next Dividend
Aug 23Should You Be Worried About Suncorp Group Limited's (ASX:SUN) 8.2% Return On Equity?
Aug 05Benign Growth For Suncorp Group Limited (ASX:SUN) Underpins Its Share Price
Jul 09Financial Position Analysis
Short Term Liabilities: SUN's short term assets (A$9.5B) exceed its short term liabilities (A$568.0M).
Long Term Liabilities: SUN's short term assets (A$9.5B) do not cover its long term liabilities (A$94.5B).
Debt to Equity History and Analysis
Debt Level: SUN's net debt to equity ratio (142.7%) is considered high.
Reducing Debt: SUN's debt to equity ratio has increased from 181.9% to 194.3% over the past 5 years.
Debt Coverage: SUN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SUN's interest payments on its debt are not well covered by EBIT (1.6x coverage).