CNA Financial Balance Sheet Health
Financial Health criteria checks 3/6
CNA Financial has a total shareholder equity of $9.9B and total debt of $3.0B, which brings its debt-to-equity ratio to 30.6%. Its total assets and total liabilities are $64.7B and $54.8B respectively. CNA Financial's EBIT is $1.6B making its interest coverage ratio 13. It has cash and short-term investments of $2.5B.
Key information
30.6%
Debt to equity ratio
US$3.03b
Debt
Interest coverage ratio | 13x |
Cash | US$2.51b |
Equity | US$9.89b |
Total liabilities | US$54.82b |
Total assets | US$64.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNH's short term assets ($11.8B) do not cover its short term liabilities ($32.7B).
Long Term Liabilities: CNH's short term assets ($11.8B) do not cover its long term liabilities ($22.1B).
Debt to Equity History and Analysis
Debt Level: CNH's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: CNH's debt to equity ratio has increased from 23.9% to 30.6% over the past 5 years.
Debt Coverage: CNH's debt is well covered by operating cash flow (75.4%).
Interest Coverage: CNH's interest payments on its debt are well covered by EBIT (13x coverage).