SiriusPoint Balance Sheet Health
Financial Health criteria checks 4/6
SiriusPoint has a total shareholder equity of $2.7B and total debt of $660.5M, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are $12.7B and $10.0B respectively. SiriusPoint's EBIT is $415.6M making its interest coverage ratio 6. It has cash and short-term investments of $926.3M.
Key information
24.5%
Debt to equity ratio
US$660.50m
Debt
| Interest coverage ratio | 6x |
| Cash | US$926.30m |
| Equity | US$2.70b |
| Total liabilities | US$9.99b |
| Total assets | US$12.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3XPA's short term assets ($5.9B) do not cover its short term liabilities ($9.2B).
Long Term Liabilities: 3XPA's short term assets ($5.9B) exceed its long term liabilities ($822.9M).
Debt to Equity History and Analysis
Debt Level: 3XPA has more cash than its total debt.
Reducing Debt: 3XPA's debt to equity ratio has increased from 8.2% to 24.5% over the past 5 years.
Debt Coverage: 3XPA's debt is well covered by operating cash flow (27.3%).
Interest Coverage: 3XPA's interest payments on its debt are well covered by EBIT (6x coverage).