Brookfield Reinsurance Balance Sheet Health
Financial Health criteria checks 5/6
Brookfield Reinsurance has a total shareholder equity of $9.2B and total debt of $3.8B, which brings its debt-to-equity ratio to 41.9%. Its total assets and total liabilities are $63.1B and $53.9B respectively. Brookfield Reinsurance's EBIT is $1.5B making its interest coverage ratio 5.7. It has cash and short-term investments of $7.1B.
Key information
41.9%
Debt to equity ratio
US$3.85b
Debt
Interest coverage ratio | 5.7x |
Cash | US$7.08b |
Equity | US$9.18b |
Total liabilities | US$53.93b |
Total assets | US$63.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BNRE's short term assets ($19.4B) exceed its short term liabilities ($19.0B).
Long Term Liabilities: BNRE's short term assets ($19.4B) do not cover its long term liabilities ($34.9B).
Debt to Equity History and Analysis
Debt Level: BNRE has more cash than its total debt.
Reducing Debt: BNRE's debt to equity ratio has reduced from 52.5% to 41.9% over the past 5 years.
Debt Coverage: BNRE's debt is well covered by operating cash flow (40%).
Interest Coverage: BNRE's interest payments on its debt are well covered by EBIT (5.7x coverage).