Aflac Balance Sheet Health
Financial Health criteria checks 4/6
Aflac has a total shareholder equity of $24.8B and total debt of $12.3B, which brings its debt-to-equity ratio to 49.7%. Its total assets and total liabilities are $128.4B and $103.6B respectively. Aflac's EBIT is $4.8B making its interest coverage ratio 24.6. It has cash and short-term investments of $9.2B.
Key information
49.7%
Debt to equity ratio
US$12.34b
Debt
| Interest coverage ratio | 24.6x |
| Cash | US$9.16b |
| Equity | US$24.83b |
| Total liabilities | US$103.61b |
| Total assets | US$128.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0H68's short term assets ($11.0B) exceed its short term liabilities ($7.5B).
Long Term Liabilities: 0H68's short term assets ($11.0B) do not cover its long term liabilities ($96.1B).
Debt to Equity History and Analysis
Debt Level: 0H68's net debt to equity ratio (12.8%) is considered satisfactory.
Reducing Debt: 0H68's debt to equity ratio has increased from 28.1% to 49.7% over the past 5 years.
Debt Coverage: 0H68's debt is well covered by operating cash flow (24%).
Interest Coverage: 0H68's interest payments on its debt are well covered by EBIT (24.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 19:49 |
| 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
Aflac Incorporated is covered by 32 analysts. 9 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 |
|---|---|
| Ishan Majumdar | Baptista Research |
| Jay Gelb | Barclays |
| Alex Scott | Barclays |