Markel Group Balance Sheet Health
Financial Health criteria checks 5/6
Markel Group has a total shareholder equity of $17.7B and total debt of $4.4B, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are $62.3B and $44.6B respectively. Markel Group's EBIT is $4.2B making its interest coverage ratio 21.7. It has cash and short-term investments of $6.2B.
Key information
24.7%
Debt to equity ratio
US$4.36b
Debt
| Interest coverage ratio | 21.7x |
| Cash | US$6.23b |
| Equity | US$17.66b |
| Total liabilities | US$44.62b |
| Total assets | US$62.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MKLC34's short term assets ($25.1B) exceed its short term liabilities ($9.3B).
Long Term Liabilities: MKLC34's short term assets ($25.1B) do not cover its long term liabilities ($35.3B).
Debt to Equity History and Analysis
Debt Level: MKLC34 has more cash than its total debt.
Reducing Debt: MKLC34's debt to equity ratio has reduced from 36.1% to 24.7% over the past 5 years.
Debt Coverage: MKLC34's debt is well covered by operating cash flow (67.1%).
Interest Coverage: MKLC34's interest payments on its debt are well covered by EBIT (21.7x coverage).