Markel Group Balance Sheet Health
Financial Health criteria checks 5/6
Markel Group has a total shareholder equity of $16.3B and total debt of $3.9B, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are $57.3B and $41.0B respectively. Markel Group's EBIT is $3.5B making its interest coverage ratio 19.4. It has cash and short-term investments of $6.2B.
Key information
23.6%
Debt to equity ratio
US$3.86b
Debt
Interest coverage ratio | 19.4x |
Cash | US$6.24b |
Equity | US$16.32b |
Total liabilities | US$40.97b |
Total assets | US$57.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MKLC34's short term assets ($22.9B) exceed its short term liabilities ($8.4B).
Long Term Liabilities: MKLC34's short term assets ($22.9B) do not cover its long term liabilities ($32.6B).
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 30.7% to 23.6% over the past 5 years.
Debt Coverage: MKLC34's debt is well covered by operating cash flow (81.3%).
Interest Coverage: MKLC34's interest payments on its debt are well covered by EBIT (19.4x coverage).