Baloise Holding Balance Sheet Health
Financial Health criteria checks 3/6
Baloise Holding has a total shareholder equity of CHF3.5B and total debt of CHF2.5B, which brings its debt-to-equity ratio to 71.9%. Its total assets and total liabilities are CHF79.4B and CHF75.9B respectively. Baloise Holding's EBIT is CHF395.2M making its interest coverage ratio 5.1. It has cash and short-term investments of CHF2.5B.
Key information
71.9%
Debt to equity ratio
CHF 2.53b
Debt
| Interest coverage ratio | 5.1x |
| Cash | CHF 2.50b |
| Equity | CHF 3.52b |
| Total liabilities | CHF 75.88b |
| Total assets | CHF 79.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BALNZ's short term assets (CHF6.0B) exceed its short term liabilities (CHF63.2M).
Long Term Liabilities: BALNZ's short term assets (CHF6.0B) do not cover its long term liabilities (CHF75.8B).
Debt to Equity History and Analysis
Debt Level: BALNZ's net debt to equity ratio (1%) is considered satisfactory.
Reducing Debt: BALNZ's debt to equity ratio has increased from 27.6% to 71.9% over the past 5 years.
Debt Coverage: BALNZ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BALNZ's interest payments on its debt are well covered by EBIT (5.1x coverage).