AXA Balance Sheet Health
Financial Health criteria checks 3/6
AXA has a total shareholder equity of €60.0B and total debt of €59.5B, which brings its debt-to-equity ratio to 99.2%. Its total assets and total liabilities are €644.4B and €584.5B respectively. AXA's EBIT is €9.1B making its interest coverage ratio 15. It has cash and short-term investments of €41.1B.
Key information
99.2%
Debt to equity ratio
€59.54b
Debt
Interest coverage ratio | 15x |
Cash | €41.08b |
Equity | €59.99b |
Total liabilities | €584.46b |
Total assets | €644.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CS's short term assets (€100.5B) exceed its short term liabilities (€70.7B).
Long Term Liabilities: CS's short term assets (€100.5B) do not cover its long term liabilities (€513.7B).
Debt to Equity History and Analysis
Debt Level: CS's net debt to equity ratio (30.8%) is considered satisfactory.
Reducing Debt: CS's debt to equity ratio has increased from 73.4% to 99.2% over the past 5 years.
Debt Coverage: CS's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: CS's interest payments on its debt are well covered by EBIT (15x coverage).