Corebridge Financial Balance Sheet Health
Financial Health criteria checks 3/6
Corebridge Financial has a total shareholder equity of $12.4B and total debt of $11.9B, which brings its debt-to-equity ratio to 96.1%. Its total assets and total liabilities are $385.6B and $373.2B respectively. Corebridge Financial's EBIT is $2.1B making its interest coverage ratio 3.8. It has cash and short-term investments of $4.6B.
Key information
96.1%
Debt to equity ratio
US$11.90b
Debt
Interest coverage ratio | 3.8x |
Cash | US$4.55b |
Equity | US$12.39b |
Total liabilities | US$373.20b |
Total assets | US$385.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AS5's short term assets ($37.8B) exceed its short term liabilities ($27.5B).
Long Term Liabilities: AS5's short term assets ($37.8B) do not cover its long term liabilities ($345.7B).
Debt to Equity History and Analysis
Debt Level: AS5's net debt to equity ratio (59.3%) is considered high.
Reducing Debt: Insufficient data to determine if AS5's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AS5's debt is well covered by operating cash flow (30.7%).
Interest Coverage: AS5's interest payments on its debt are well covered by EBIT (3.8x coverage).