AXIS Capital Holdings Balance Sheet Health
Financial Health criteria checks 5/6
AXIS Capital Holdings has a total shareholder equity of $5.3B and total debt of $1.4B, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are $30.3B and $25.0B respectively. AXIS Capital Holdings's EBIT is $554.0M making its interest coverage ratio 8.1. It has cash and short-term investments of $970.7M.
Key information
26.6%
Debt to equity ratio
US$1.40b
Debt
Interest coverage ratio | 8.1x |
Cash | US$970.69m |
Equity | US$5.26b |
Total liabilities | US$24.99b |
Total assets | US$30.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AXV's short term assets ($13.4B) exceed its short term liabilities ($9.6B).
Long Term Liabilities: AXV's short term assets ($13.4B) do not cover its long term liabilities ($15.3B).
Debt to Equity History and Analysis
Debt Level: AXV's net debt to equity ratio (8.1%) is considered satisfactory.
Reducing Debt: AXV's debt to equity ratio has reduced from 26.7% to 26.6% over the past 5 years.
Debt Coverage: AXV's debt is well covered by operating cash flow (89.7%).
Interest Coverage: AXV's interest payments on its debt are well covered by EBIT (8.1x coverage).