Reinsurance Group of America Balance Sheet Health
Financial Health criteria checks 4/6
Reinsurance Group of America has a total shareholder equity of $9.2B and total debt of $4.4B, which brings its debt-to-equity ratio to 48.3%. Its total assets and total liabilities are $97.6B and $88.5B respectively. Reinsurance Group of America's EBIT is $1.4B making its interest coverage ratio 5.5. It has cash and short-term investments of $3.2B.
Key information
48.3%
Debt to equity ratio
US$4.43b
Debt
Interest coverage ratio | 5.5x |
Cash | US$3.19b |
Equity | US$9.17b |
Total liabilities | US$88.45b |
Total assets | US$97.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RGPB's short term assets ($13.0B) exceed its short term liabilities ($8.6B).
Long Term Liabilities: RGPB's short term assets ($13.0B) do not cover its long term liabilities ($79.8B).
Debt to Equity History and Analysis
Debt Level: RGPB's net debt to equity ratio (13.5%) is considered satisfactory.
Reducing Debt: RGPB's debt to equity ratio has increased from 41.1% to 48.3% over the past 5 years.
Debt Coverage: RGPB's debt is well covered by operating cash flow (91.3%).
Interest Coverage: RGPB's interest payments on its debt are well covered by EBIT (5.5x coverage).