MetLife Balance Sheet Health
Financial Health criteria checks 4/6
MetLife has a total shareholder equity of $28.8B and total debt of $37.3B, which brings its debt-to-equity ratio to 129.6%. Its total assets and total liabilities are $677.6B and $648.8B respectively. MetLife's EBIT is $4.0B making its interest coverage ratio 3.8. It has cash and short-term investments of $24.7B.
Key information
129.6%
Debt to equity ratio
US$37.32b
Debt
Interest coverage ratio | 3.8x |
Cash | US$24.72b |
Equity | US$28.80b |
Total liabilities | US$648.78b |
Total assets | US$677.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: METB34's short term assets ($58.7B) exceed its short term liabilities ($18.0B).
Long Term Liabilities: METB34's short term assets ($58.7B) do not cover its long term liabilities ($630.8B).
Debt to Equity History and Analysis
Debt Level: METB34's net debt to equity ratio (43.7%) is considered high.
Reducing Debt: METB34's debt to equity ratio has reduced from 161.1% to 129.6% over the past 5 years.
Debt Coverage: METB34's debt is well covered by operating cash flow (36.8%).
Interest Coverage: METB34's interest payments on its debt are well covered by EBIT (3.8x coverage).