Everest Group Balance Sheet Health

Financial Health criteria checks 4/6

Everest Group has a total shareholder equity of $15.3B and total debt of $3.4B, which brings its debt-to-equity ratio to 22.1%. Its total assets and total liabilities are $55.9B and $40.5B respectively. Everest Group's EBIT is $2.8B making its interest coverage ratio 19. It has cash and short-term investments of $5.5B.

Key information

22.1%

Debt to equity ratio

US$3.39b

Debt

Interest coverage ratio19x
CashUS$5.53b
EquityUS$15.34b
Total liabilitiesUS$40.53b
Total assetsUS$55.86b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ERE's short term assets ($15.6B) do not cover its short term liabilities ($36.8B).

Long Term Liabilities: ERE's short term assets ($15.6B) exceed its long term liabilities ($3.7B).


Debt to Equity History and Analysis

Debt Level: ERE has more cash than its total debt.

Reducing Debt: ERE's debt to equity ratio has increased from 7.1% to 22.1% over the past 5 years.

Debt Coverage: ERE's debt is well covered by operating cash flow (153.4%).

Interest Coverage: ERE's interest payments on its debt are well covered by EBIT (19x coverage).


Balance Sheet


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