AXA Balance Sheet Health
Financial Health criteria checks 3/6
AXA has a total shareholder equity of €59.0B and total debt of €60.8B, which brings its debt-to-equity ratio to 103%. Its total assets and total liabilities are €638.9B and €579.9B respectively. AXA's EBIT is €10.0B making its interest coverage ratio 16.7. It has cash and short-term investments of €74.3B.
Key information
103.0%
Debt to equity ratio
€60.78b
Debt
| Interest coverage ratio | 16.7x |
| Cash | €74.33b |
| Equity | €59.02b |
| Total liabilities | €579.92b |
| Total assets | €638.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CS's short term assets (€121.9B) exceed its short term liabilities (€15.5B).
Long Term Liabilities: CS's short term assets (€121.9B) do not cover its long term liabilities (€564.4B).
Debt to Equity History and Analysis
Debt Level: CS has more cash than its total debt.
Reducing Debt: CS's debt to equity ratio has increased from 62.9% to 103% over the past 5 years.
Debt Coverage: CS's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: CS's interest payments on its debt are well covered by EBIT (16.7x coverage).