Genworth Financial Balance Sheet Health
Financial Health criteria checks 5/6
Genworth Financial has a total shareholder equity of $8.3B and total debt of $2.1B, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are $90.8B and $82.5B respectively. Genworth Financial's EBIT is $425.0M making its interest coverage ratio 3.6. It has cash and short-term investments of $2.3B.
Key information
24.9%
Debt to equity ratio
US$2.07b
Debt
Interest coverage ratio | 3.6x |
Cash | US$2.30b |
Equity | US$8.34b |
Total liabilities | US$82.48b |
Total assets | US$90.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGK's short term assets ($22.0B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: GGK's short term assets ($22.0B) do not cover its long term liabilities ($81.0B).
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 29.8% to 24.9% over the past 5 years.
Debt Coverage: GGK's debt is well covered by operating cash flow (28.8%).
Interest Coverage: GGK's interest payments on its debt are well covered by EBIT (3.6x coverage).