Markel Group Balance Sheet Health
Financial Health criteria checks 5/6
Markel Group has a total shareholder equity of $15.5B and total debt of $3.8B, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are $55.0B and $39.5B respectively. Markel Group's EBIT is $2.9B making its interest coverage ratio 15.8. It has cash and short-term investments of $6.3B.
Key information
24.3%
Debt to equity ratio
US$3.78b
Debt
Interest coverage ratio | 15.8x |
Cash | US$6.32b |
Equity | US$15.53b |
Total liabilities | US$39.52b |
Total assets | US$55.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JYM's short term assets ($22.6B) exceed its short term liabilities ($7.8B).
Long Term Liabilities: 0JYM's short term assets ($22.6B) do not cover its long term liabilities ($31.7B).
Debt to Equity History and Analysis
Debt Level: 0JYM has more cash than its total debt.
Reducing Debt: 0JYM's debt to equity ratio has reduced from 32.5% to 24.3% over the past 5 years.
Debt Coverage: 0JYM's debt is well covered by operating cash flow (73.7%).
Interest Coverage: 0JYM's interest payments on its debt are well covered by EBIT (15.8x coverage).