Hartford Financial Services Group Balance Sheet Health
Financial Health criteria checks 5/6
Hartford Financial Services Group has a total shareholder equity of $15.5B and total debt of $4.4B, which brings its debt-to-equity ratio to 28.2%. Its total assets and total liabilities are $77.7B and $62.2B respectively. Hartford Financial Services Group's EBIT is $3.6B making its interest coverage ratio 15.9. It has cash and short-term investments of $3.3B.
Key information
28.2%
Debt to equity ratio
US$4.36b
Debt
Interest coverage ratio | 15.9x |
Cash | US$3.25b |
Equity | US$15.47b |
Total liabilities | US$62.24b |
Total assets | US$77.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0J3H's short term assets ($17.2B) exceed its short term liabilities ($9.0B).
Long Term Liabilities: 0J3H's short term assets ($17.2B) do not cover its long term liabilities ($53.2B).
Debt to Equity History and Analysis
Debt Level: 0J3H's net debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: 0J3H's debt to equity ratio has reduced from 32.2% to 28.2% over the past 5 years.
Debt Coverage: 0J3H's debt is well covered by operating cash flow (102%).
Interest Coverage: 0J3H's interest payments on its debt are well covered by EBIT (15.9x coverage).