Talanx Balance Sheet Health
Financial Health criteria checks 5/6
Talanx has a total shareholder equity of €15.9B and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €163.4B and €147.5B respectively. Talanx's EBIT is €3.7B making its interest coverage ratio 12.3. It has cash and short-term investments of €12.3B.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 12.3x |
| Cash | €12.27b |
| Equity | €15.90b |
| Total liabilities | €147.50b |
| Total assets | €163.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TLXD's short term assets (€8.5B) exceed its short term liabilities (€600.0M).
Long Term Liabilities: TLXD's short term assets (€8.5B) do not cover its long term liabilities (€146.9B).
Debt to Equity History and Analysis
Debt Level: TLXD is debt free.
Reducing Debt: TLXD has no debt compared to 5 years ago when its debt to equity ratio was 36%.
Debt Coverage: TLXD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TLXD has no debt, therefore coverage of interest payments is not a concern.