SiriusPoint Balance Sheet Health
Financial Health criteria checks 5/6
SiriusPoint has a total shareholder equity of $2.6B and total debt of $770.6M, which brings its debt-to-equity ratio to 29.4%. Its total assets and total liabilities are $13.1B and $10.5B respectively. SiriusPoint's EBIT is $386.4M making its interest coverage ratio 5.4. It has cash and short-term investments of $1.6B.
Key information
29.4%
Debt to equity ratio
US$770.60m
Debt
Interest coverage ratio | 5.4x |
Cash | US$1.61b |
Equity | US$2.62b |
Total liabilities | US$10.52b |
Total assets | US$13.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3XPA's short term assets ($6.8B) exceed its short term liabilities ($3.9B).
Long Term Liabilities: 3XPA's short term assets ($6.8B) exceed its long term liabilities ($6.6B).
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 8.5% to 29.4% over the past 5 years.
Debt Coverage: 3XPA's debt is well covered by operating cash flow (70.5%).
Interest Coverage: 3XPA's interest payments on its debt are well covered by EBIT (5.4x coverage).