Reinsurance Group of America Balance Sheet Health
Financial Health criteria checks 4/6
Reinsurance Group of America has a total shareholder equity of $11.2B and total debt of $5.1B, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are $120.3B and $109.0B respectively. Reinsurance Group of America's EBIT is $1.2B making its interest coverage ratio 4.2. It has cash and short-term investments of $5.6B.
Key information
45.2%
Debt to equity ratio
US$5.07b
Debt
| Interest coverage ratio | 4.2x |
| Cash | US$5.58b |
| Equity | US$11.22b |
| Total liabilities | US$109.04b |
| Total assets | US$120.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RGPB's short term assets ($15.7B) exceed its short term liabilities ($9.2B).
Long Term Liabilities: RGPB's short term assets ($15.7B) do not cover its long term liabilities ($99.8B).
Debt to Equity History and Analysis
Debt Level: RGPB has more cash than its total debt.
Reducing Debt: RGPB's debt to equity ratio has increased from 34.9% to 45.2% over the past 5 years.
Debt Coverage: RGPB's debt is well covered by operating cash flow (177.5%).
Interest Coverage: RGPB's interest payments on its debt are well covered by EBIT (4.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 12:41 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Reinsurance Group of America, Incorporated is covered by 24 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Eric Berg | Barclays |
| Jay Gelb | Barclays |
| Alex Scott | Barclays |