Sagicor Financial Balance Sheet Health
Financial Health criteria checks 2/6
Sagicor Financial has a total shareholder equity of $1.3B and total debt of $951.1M, which brings its debt-to-equity ratio to 71.7%. Its total assets and total liabilities are $23.0B and $21.7B respectively. Sagicor Financial's EBIT is $483.6M making its interest coverage ratio 2.1. It has cash and short-term investments of $330.5M.
Key information
71.7%
Debt to equity ratio
US$951.12m
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$330.47m |
| Equity | US$1.33b |
| Total liabilities | US$21.70b |
| Total assets | US$23.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SFC's short term assets ($744.6M) exceed its short term liabilities ($336.1M).
Long Term Liabilities: SFC's short term assets ($744.6M) do not cover its long term liabilities ($21.4B).
Debt to Equity History and Analysis
Debt Level: SFC's net debt to equity ratio (46.8%) is considered high.
Reducing Debt: SFC's debt to equity ratio has reduced from 116.3% to 71.7% over the past 5 years.
Debt Coverage: SFC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SFC's interest payments on its debt are not well covered by EBIT (2.1x coverage).