Equitable Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Equitable Holdings has a total shareholder equity of $6.2B and total debt of $5.7B, which brings its debt-to-equity ratio to 92%. Its total assets and total liabilities are $299.0B and $292.8B respectively. Equitable Holdings's EBIT is $129.0M making its interest coverage ratio 4. It has cash and short-term investments of $11.9B.
Key information
92.0%
Debt to equity ratio
US$5.70b
Debt
| Interest coverage ratio | 4x |
| Cash | US$11.92b |
| Equity | US$6.20b |
| Total liabilities | US$292.79b |
| Total assets | US$298.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AXJ's short term assets ($30.0B) exceed its short term liabilities ($17.8B).
Long Term Liabilities: AXJ's short term assets ($30.0B) do not cover its long term liabilities ($275.0B).
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 28.5% to 92% over the past 5 years.
Debt Coverage: AXJ's debt is well covered by operating cash flow (21.3%).
Interest Coverage: AXJ's interest payments on its debt are well covered by EBIT (4x coverage).