Hannover Rück Balance Sheet Health
Financial Health criteria checks 4/6
Hannover Rück has a total shareholder equity of €12.0B and total debt of €4.7B, which brings its debt-to-equity ratio to 38.8%. Its total assets and total liabilities are €70.3B and €58.3B respectively. Hannover Rück's EBIT is €3.3B making its interest coverage ratio 23.1. It has cash and short-term investments of €7.6B.
Key information
38.8%
Debt to equity ratio
€4.66b
Debt
| Interest coverage ratio | 23.1x |
| Cash | €7.63b |
| Equity | €12.02b |
| Total liabilities | €58.28b |
| Total assets | €70.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HNR1's short term assets (€10.8B) do not cover its short term liabilities (€48.3B).
Long Term Liabilities: HNR1's short term assets (€10.8B) exceed its long term liabilities (€10.0B).
Debt to Equity History and Analysis
Debt Level: HNR1 has more cash than its total debt.
Reducing Debt: HNR1's debt to equity ratio has increased from 22.5% to 38.8% over the past 5 years.
Debt Coverage: HNR1's debt is well covered by operating cash flow (129.2%).
Interest Coverage: HNR1's interest payments on its debt are well covered by EBIT (23.1x coverage).