Reinsurance Group of America Balance Sheet Health
Financial Health criteria checks 4/6
Reinsurance Group of America has a total shareholder equity of $9.8B and total debt of $5.1B, which brings its debt-to-equity ratio to 51.6%. Its total assets and total liabilities are $109.9B and $100.1B respectively. Reinsurance Group of America's EBIT is $1.4B making its interest coverage ratio 4.9. It has cash and short-term investments of $4.9B.
Key information
51.6%
Debt to equity ratio
US$5.07b
Debt
| Interest coverage ratio | 4.9x |
| Cash | US$4.93b |
| Equity | US$9.83b |
| Total liabilities | US$100.06b |
| Total assets | US$109.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RGPB's short term assets ($14.6B) exceed its short term liabilities ($8.6B).
Long Term Liabilities: RGPB's short term assets ($14.6B) do not cover its long term liabilities ($91.4B).
Debt to Equity History and Analysis
Debt Level: RGPB's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: RGPB's debt to equity ratio has increased from 37.7% to 51.6% over the past 5 years.
Debt Coverage: RGPB's debt is well covered by operating cash flow (176.2%).
Interest Coverage: RGPB's interest payments on its debt are well covered by EBIT (4.9x coverage).