MetLife Balance Sheet Health
Financial Health criteria checks 3/6
MetLife has a total shareholder equity of $31.2B and total debt of $47.2B, which brings its debt-to-equity ratio to 151.5%. Its total assets and total liabilities are $705.0B and $673.8B respectively. MetLife's EBIT is $6.3B making its interest coverage ratio 6. It has cash and short-term investments of $29.8B.
Key information
151.5%
Debt to equity ratio
US$47.20b
Debt
Interest coverage ratio | 6x |
Cash | US$29.80b |
Equity | US$31.16b |
Total liabilities | US$673.81b |
Total assets | US$704.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MWZ's short term assets ($73.9B) exceed its short term liabilities ($46.6B).
Long Term Liabilities: MWZ's short term assets ($73.9B) do not cover its long term liabilities ($627.2B).
Debt to Equity History and Analysis
Debt Level: MWZ's net debt to equity ratio (55.8%) is considered high.
Reducing Debt: MWZ's debt to equity ratio has increased from 142.3% to 151.5% over the past 5 years.
Debt Coverage: MWZ's debt is well covered by operating cash flow (32.1%).
Interest Coverage: MWZ's interest payments on its debt are well covered by EBIT (6x coverage).