Cincinnati Financial Balance Sheet Health
Financial Health criteria checks 5/6
Cincinnati Financial has a total shareholder equity of $12.7B and total debt of $873.0M, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are $33.7B and $21.1B respectively. Cincinnati Financial's EBIT is $3.0B making its interest coverage ratio 56.9. It has cash and short-term investments of $619.0M.
Key information
6.9%
Debt to equity ratio
US$873.00m
Debt
Interest coverage ratio | 56.9x |
Cash | US$619.00m |
Equity | US$12.65b |
Total liabilities | US$21.07b |
Total assets | US$33.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HYE's short term assets ($4.4B) exceed its short term liabilities ($4.4B).
Long Term Liabilities: 0HYE's short term assets ($4.4B) do not cover its long term liabilities ($16.7B).
Debt to Equity History and Analysis
Debt Level: 0HYE's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: 0HYE's debt to equity ratio has reduced from 9.5% to 6.9% over the past 5 years.
Debt Coverage: 0HYE's debt is well covered by operating cash flow (246.8%).
Interest Coverage: 0HYE's interest payments on its debt are well covered by EBIT (56.9x coverage).