Radian Group Balance Sheet Health
Financial Health criteria checks 3/6
Radian Group has a total shareholder equity of $4.7B and total debt of $2.0B, which brings its debt-to-equity ratio to 41.7%. Its total assets and total liabilities are $8.4B and $3.7B respectively. Radian Group's EBIT is $895.5M making its interest coverage ratio 8.2. It has cash and short-term investments of $432.8M.
Key information
41.7%
Debt to equity ratio
US$1.96b
Debt
| Interest coverage ratio | 8.2x |
| Cash | US$432.81m |
| Equity | US$4.70b |
| Total liabilities | US$3.72b |
| Total assets | US$8.42b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RAG's short term assets ($1.7B) exceed its short term liabilities ($410.6M).
Long Term Liabilities: RAG's short term assets ($1.7B) do not cover its long term liabilities ($3.3B).
Debt to Equity History and Analysis
Debt Level: RAG's net debt to equity ratio (32.5%) is considered satisfactory.
Reducing Debt: RAG's debt to equity ratio has increased from 25.3% to 41.7% over the past 5 years.
Debt Coverage: RAG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RAG's interest payments on its debt are well covered by EBIT (8.2x coverage).