Münchener Rückversicherungs-Gesellschaft in München Balance Sheet Health
Financial Health criteria checks 3/6
Münchener Rückversicherungs-Gesellschaft in München has a total shareholder equity of €30.7B and total debt of €7.7B, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are €276.1B and €245.4B respectively. Münchener Rückversicherungs-Gesellschaft in München's EBIT is €7.3B making its interest coverage ratio 23.6. It has cash and short-term investments of €5.5B.
Key information
25.1%
Debt to equity ratio
€7.70b
Debt
| Interest coverage ratio | 23.6x |
| Cash | €5.54b |
| Equity | €30.70b |
| Total liabilities | €245.36b |
| Total assets | €276.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MUV2's short term assets (€23.6B) do not cover its short term liabilities (€88.2B).
Long Term Liabilities: MUV2's short term assets (€23.6B) do not cover its long term liabilities (€157.1B).
Debt to Equity History and Analysis
Debt Level: MUV2's net debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: MUV2's debt to equity ratio has increased from 13.6% to 25.1% over the past 5 years.
Debt Coverage: MUV2's debt is well covered by operating cash flow (20.8%).
Interest Coverage: MUV2's interest payments on its debt are well covered by EBIT (23.6x coverage).