Equitable Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Equitable Holdings has a total shareholder equity of $4.7B and total debt of $5.5B, which brings its debt-to-equity ratio to 116.9%. Its total assets and total liabilities are $285.6B and $280.8B respectively. Equitable Holdings's EBIT is $1.7B making its interest coverage ratio 7.8. It has cash and short-term investments of $11.8B.
Key information
116.9%
Debt to equity ratio
US$5.55b
Debt
Interest coverage ratio | 7.8x |
Cash | US$11.84b |
Equity | US$4.75b |
Total liabilities | US$280.83b |
Total assets | US$285.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AXJ's short term assets ($29.9B) exceed its short term liabilities ($15.2B).
Long Term Liabilities: AXJ's short term assets ($29.9B) do not cover its long term liabilities ($265.7B).
Debt to Equity History and Analysis
Debt Level: AXJ has more cash than its total debt.
Reducing Debt: AXJ's debt to equity ratio has increased from 33.2% to 116.9% over the past 5 years.
Debt Coverage: AXJ's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: AXJ's interest payments on its debt are well covered by EBIT (7.8x coverage).