American Financial Group Balance Sheet Health
Financial Health criteria checks 5/6
American Financial Group has a total shareholder equity of $4.7B and total debt of $1.5B, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are $32.6B and $27.9B respectively. American Financial Group's EBIT is $1.3B making its interest coverage ratio 12.3. It has cash and short-term investments of $1.4B.
Key information
31.5%
Debt to equity ratio
US$1.49b
Debt
| Interest coverage ratio | 12.3x |
| Cash | US$1.40b |
| Equity | US$4.71b |
| Total liabilities | US$27.88b |
| Total assets | US$32.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QFI's short term assets ($12.0B) exceed its short term liabilities ($5.9B).
Long Term Liabilities: QFI's short term assets ($12.0B) do not cover its long term liabilities ($21.9B).
Debt to Equity History and Analysis
Debt Level: QFI's net debt to equity ratio (1.8%) is considered satisfactory.
Reducing Debt: QFI's debt to equity ratio has reduced from 39.9% to 31.5% over the past 5 years.
Debt Coverage: QFI's debt is well covered by operating cash flow (83.1%).
Interest Coverage: QFI's interest payments on its debt are well covered by EBIT (12.3x coverage).