Kinsale Capital Group Balance Sheet Health
Financial Health criteria checks 4/6
Kinsale Capital Group has a total shareholder equity of $1.2B and total debt of $183.9M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are $4.0B and $2.9B respectively. Kinsale Capital Group's EBIT is $441.6M making its interest coverage ratio 43.5. It has cash and short-term investments of $141.8M.
Key information
15.7%
Debt to equity ratio
US$183.92m
Debt
Interest coverage ratio | 43.5x |
Cash | US$141.78m |
Equity | US$1.17b |
Total liabilities | US$2.86b |
Total assets | US$4.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KCH's short term assets ($595.0M) do not cover its short term liabilities ($2.7B).
Long Term Liabilities: KCH's short term assets ($595.0M) exceed its long term liabilities ($199.5M).
Debt to Equity History and Analysis
Debt Level: KCH's net debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: KCH's debt to equity ratio has increased from 0% to 15.7% over the past 5 years.
Debt Coverage: KCH's debt is well covered by operating cash flow (474.5%).
Interest Coverage: KCH's interest payments on its debt are well covered by EBIT (43.5x coverage).