Cincinnati Financial Balance Sheet Health
Financial Health criteria checks 5/6
Cincinnati Financial has a total shareholder equity of $13.8B and total debt of $815.0M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are $37.0B and $23.2B respectively. Cincinnati Financial's EBIT is $3.9B making its interest coverage ratio 72.6. It has cash and short-term investments of $1.8B.
Key information
5.9%
Debt to equity ratio
US$815.00m
Debt
| Interest coverage ratio | 72.6x |
| Cash | US$1.75b |
| Equity | US$13.80b |
| Total liabilities | US$23.21b |
| Total assets | US$37.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCJ's short term assets ($5.7B) exceed its short term liabilities ($4.9B).
Long Term Liabilities: CCJ's short term assets ($5.7B) do not cover its long term liabilities ($18.3B).
Debt to Equity History and Analysis
Debt Level: CCJ has more cash than its total debt.
Reducing Debt: CCJ's debt to equity ratio has reduced from 8.8% to 5.9% over the past 5 years.
Debt Coverage: CCJ's debt is well covered by operating cash flow (317.1%).
Interest Coverage: CCJ's interest payments on its debt are well covered by EBIT (72.6x coverage).