Münchener Rückversicherungs-Gesellschaft in München Balance Sheet Health
Financial Health criteria checks 2/6
Münchener Rückversicherungs-Gesellschaft in München has a total shareholder equity of €27.4B and total debt of €5.9B, which brings its debt-to-equity ratio to 21.6%. Its total assets and total liabilities are €263.8B and €236.3B respectively. Münchener Rückversicherungs-Gesellschaft in München's EBIT is €4.1B making its interest coverage ratio 14.2. It has cash and short-term investments of €5.8B.
Key information
21.6%
Debt to equity ratio
€5.93b
Debt
| Interest coverage ratio | 14.2x |
| Cash | €5.85b |
| Equity | €27.44b |
| Total liabilities | €236.34b |
| Total assets | €263.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MEURV's short term assets (€16.3B) do not cover its short term liabilities (€81.9B).
Long Term Liabilities: MEURV's short term assets (€16.3B) do not cover its long term liabilities (€154.5B).
Debt to Equity History and Analysis
Debt Level: MEURV's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: MEURV's debt to equity ratio has increased from 10.2% to 21.6% over the past 5 years.
Debt Coverage: MEURV's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MEURV's interest payments on its debt are well covered by EBIT (14.2x coverage).