CNO Financial Group Balance Sheet Health
Financial Health criteria checks 2/6
CNO Financial Group has a total shareholder equity of $2.4B and total debt of $3.9B, which brings its debt-to-equity ratio to 164.5%. Its total assets and total liabilities are $34.9B and $32.6B respectively. CNO Financial Group's EBIT is $748.1M making its interest coverage ratio 3.1. It has cash and short-term investments of $789.1M.
Key information
164.5%
Debt to equity ratio
US$3.90b
Debt
Interest coverage ratio | 3.1x |
Cash | US$789.10m |
Equity | US$2.37b |
Total liabilities | US$32.57b |
Total assets | US$34.94b |
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 ($1.8B).
Long Term Liabilities: COS's short term assets ($5.6B) do not cover its long term liabilities ($30.8B).
Debt to Equity History and Analysis
Debt Level: COS's net debt to equity ratio (131.2%) is considered high.
Reducing Debt: COS's debt to equity ratio has increased from 103.7% to 164.5% over the past 5 years.
Debt Coverage: COS's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: COS's interest payments on its debt are well covered by EBIT (3.1x coverage).