Allianz Balance Sheet Health
Financial Health criteria checks 5/6
Allianz has a total shareholder equity of €63.6B and total debt of €30.0B, which brings its debt-to-equity ratio to 47.2%. Its total assets and total liabilities are €983.2B and €919.6B respectively. Allianz's EBIT is €12.1B making its interest coverage ratio 10.1. It has cash and short-term investments of €113.8B.
Key information
47.2%
Debt to equity ratio
€30.03b
Debt
Interest coverage ratio | 10.1x |
Cash | €113.76b |
Equity | €63.58b |
Total liabilities | €919.59b |
Total assets | €983.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0M6S's short term assets (€171.7B) exceed its short term liabilities (€22.3B).
Long Term Liabilities: 0M6S's short term assets (€171.7B) do not cover its long term liabilities (€897.3B).
Debt to Equity History and Analysis
Debt Level: 0M6S has more cash than its total debt.
Reducing Debt: 0M6S's debt to equity ratio has reduced from 57.9% to 47.2% over the past 5 years.
Debt Coverage: 0M6S's debt is well covered by operating cash flow (81.5%).
Interest Coverage: 0M6S's interest payments on its debt are well covered by EBIT (10.1x coverage).