CNO Financial Group Balance Sheet Health
Financial Health criteria checks 1/6
CNO Financial Group has a total shareholder equity of $2.2B and total debt of $4.2B, which brings its debt-to-equity ratio to 187.3%. Its total assets and total liabilities are $35.1B and $32.9B respectively. CNO Financial Group's EBIT is $595.4M making its interest coverage ratio 2.5. It has cash and short-term investments of $997.2M.
Key information
187.3%
Debt to equity ratio
US$4.15b
Debt
Interest coverage ratio | 2.5x |
Cash | US$997.20m |
Equity | US$2.22b |
Total liabilities | US$32.89b |
Total assets | US$35.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COS's short term assets ($5.6B) exceed its short term liabilities ($1.9B).
Long Term Liabilities: COS's short term assets ($5.6B) do not cover its long term liabilities ($30.9B).
Debt to Equity History and Analysis
Debt Level: COS's net debt to equity ratio (142.3%) is considered high.
Reducing Debt: COS's debt to equity ratio has increased from 118.1% to 187.3% over the past 5 years.
Debt Coverage: COS's debt is not well covered by operating cash flow (14%).
Interest Coverage: COS's interest payments on its debt are not well covered by EBIT (2.5x coverage).