Vienna Insurance Group Balance Sheet Health
Financial Health criteria checks 4/6
Vienna Insurance Group has a total shareholder equity of €6.0B and total debt of €2.2B, which brings its debt-to-equity ratio to 36.4%. Its total assets and total liabilities are €48.8B and €42.7B respectively. Vienna Insurance Group's EBIT is €980.7M making its interest coverage ratio 9.9. It has cash and short-term investments of €12.1B.
Key information
36.4%
Debt to equity ratio
€2.20b
Debt
Interest coverage ratio | 9.9x |
Cash | €12.15b |
Equity | €6.03b |
Total liabilities | €42.72b |
Total assets | €48.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VIG's short term assets (€14.9B) exceed its short term liabilities (€8.6B).
Long Term Liabilities: VIG's short term assets (€14.9B) do not cover its long term liabilities (€34.1B).
Debt to Equity History and Analysis
Debt Level: VIG has more cash than its total debt.
Reducing Debt: VIG's debt to equity ratio has reduced from 72.2% to 36.4% over the past 5 years.
Debt Coverage: VIG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VIG's interest payments on its debt are well covered by EBIT (9.9x coverage).