Hartford Financial Services Group Balance Sheet Health
Financial Health criteria checks 5/6
Hartford Financial Services Group has a total shareholder equity of $15.7B and total debt of $4.4B, which brings its debt-to-equity ratio to 27.8%. Its total assets and total liabilities are $79.0B and $63.4B respectively. Hartford Financial Services Group's EBIT is $3.8B making its interest coverage ratio 16.9. It has cash and short-term investments of $3.9B.
Key information
27.8%
Debt to equity ratio
US$4.36b
Debt
| Interest coverage ratio | 16.9x |
| Cash | US$3.86b |
| Equity | US$15.68b |
| Total liabilities | US$63.37b |
| Total assets | US$79.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: H1IG34's short term assets ($18.2B) exceed its short term liabilities ($9.6B).
Long Term Liabilities: H1IG34's short term assets ($18.2B) do not cover its long term liabilities ($53.8B).
Debt to Equity History and Analysis
Debt Level: H1IG34's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: H1IG34's debt to equity ratio has reduced from 31.2% to 27.8% over the past 5 years.
Debt Coverage: H1IG34's debt is well covered by operating cash flow (131.9%).
Interest Coverage: H1IG34's interest payments on its debt are well covered by EBIT (16.9x coverage).