QBE Insurance Group Limited

DB:QBE Stock Report

Market Cap: €18.6b

QBE Insurance Group Balance Sheet Health

Financial Health criteria checks 5/6

QBE Insurance Group has a total shareholder equity of $10.2B and total debt of $2.8B, which brings its debt-to-equity ratio to 27.3%. Its total assets and total liabilities are $42.6B and $32.5B respectively. QBE Insurance Group's EBIT is $2.6B making its interest coverage ratio 15.9. It has cash and short-term investments of $5.8B.

Key information

27.3%

Debt to equity ratio

US$2.78b

Debt

Interest coverage ratio15.9x
CashUS$5.82b
EquityUS$10.18b
Total liabilitiesUS$32.45b
Total assetsUS$42.63b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: QBE's short term assets ($14.9B) exceed its short term liabilities ($266.0M).

Long Term Liabilities: QBE's short term assets ($14.9B) do not cover its long term liabilities ($32.2B).


Debt to Equity History and Analysis

Debt Level: QBE has more cash than its total debt.

Reducing Debt: QBE's debt to equity ratio has reduced from 36.7% to 27.3% over the past 5 years.

Debt Coverage: QBE's debt is well covered by operating cash flow (130.6%).

Interest Coverage: QBE's interest payments on its debt are well covered by EBIT (15.9x coverage).


Balance Sheet


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