Genworth Financial Balance Sheet Health
Financial Health criteria checks 4/6
Genworth Financial has a total shareholder equity of $9.3B and total debt of $2.0B, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are $90.8B and $81.5B respectively. Genworth Financial's EBIT is $415.0M making its interest coverage ratio 3.5. It has cash and short-term investments of $2.1B.
Key information
21.9%
Debt to equity ratio
US$2.03b
Debt
| Interest coverage ratio | 3.5x |
| Cash | US$2.12b |
| Equity | US$9.26b |
| Total liabilities | US$81.51b |
| Total assets | US$90.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGK's short term assets ($21.4B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: GGK's short term assets ($21.4B) do not cover its long term liabilities ($80.1B).
Debt to Equity History and Analysis
Debt Level: GGK has more cash than its total debt.
Reducing Debt: GGK's debt to equity ratio has reduced from 24.9% to 21.9% over the past 5 years.
Debt Coverage: GGK's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: GGK's interest payments on its debt are well covered by EBIT (3.5x coverage).