Everest Group Balance Sheet Health
Financial Health criteria checks 4/6
Everest Group has a total shareholder equity of $14.2B and total debt of $3.4B, which brings its debt-to-equity ratio to 23.9%. Its total assets and total liabilities are $52.6B and $38.4B respectively. Everest Group's EBIT is $2.7B making its interest coverage ratio 19. It has cash and short-term investments of $4.0B.
Key information
23.9%
Debt to equity ratio
US$3.39b
Debt
| Interest coverage ratio | 19x |
| Cash | US$4.03b |
| Equity | US$14.18b |
| Total liabilities | US$38.38b |
| Total assets | US$52.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: E1VE34's short term assets ($13.9B) do not cover its short term liabilities ($34.9B).
Long Term Liabilities: E1VE34's short term assets ($13.9B) exceed its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: E1VE34 has more cash than its total debt.
Reducing Debt: E1VE34's debt to equity ratio has increased from 7.1% to 23.9% over the past 5 years.
Debt Coverage: E1VE34's debt is well covered by operating cash flow (142.8%).
Interest Coverage: E1VE34's interest payments on its debt are well covered by EBIT (19x coverage).