Everest Group Balance Sheet Health
Financial Health criteria checks 4/6
Everest Group has a total shareholder equity of $13.2B and total debt of $3.4B, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are $49.4B and $36.2B respectively. Everest Group's EBIT is $2.3B making its interest coverage ratio 17.3. It has cash and short-term investments of $3.6B.
Key information
25.6%
Debt to equity ratio
US$3.39b
Debt
Interest coverage ratio | 17.3x |
Cash | US$3.56b |
Equity | US$13.20b |
Total liabilities | US$36.20b |
Total assets | US$49.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ERE's short term assets ($12.5B) exceed its short term liabilities ($10.5B).
Long Term Liabilities: ERE's short term assets ($12.5B) do not cover its long term liabilities ($25.7B).
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 8.1% to 25.6% over the past 5 years.
Debt Coverage: ERE's debt is well covered by operating cash flow (134.5%).
Interest Coverage: ERE's interest payments on its debt are well covered by EBIT (17.3x coverage).