Hannover Rück Balance Sheet Health
Financial Health criteria checks 3/6
Hannover Rück has a total shareholder equity of €11.5B and total debt of €4.8B, which brings its debt-to-equity ratio to 41.6%. Its total assets and total liabilities are €68.2B and €56.7B respectively. Hannover Rück's EBIT is €2.1B making its interest coverage ratio 14.2. It has cash and short-term investments of €5.1B.
Key information
41.6%
Debt to equity ratio
€4.78b
Debt
| Interest coverage ratio | 14.2x |
| Cash | €5.06b |
| Equity | €11.50b |
| Total liabilities | €56.72b |
| Total assets | €68.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0M9A's short term assets (€8.0B) do not cover its short term liabilities (€46.4B).
Long Term Liabilities: 0M9A's short term assets (€8.0B) do not cover its long term liabilities (€10.3B).
Debt to Equity History and Analysis
Debt Level: 0M9A has more cash than its total debt.
Reducing Debt: 0M9A's debt to equity ratio has increased from 24.4% to 41.6% over the past 5 years.
Debt Coverage: 0M9A's debt is well covered by operating cash flow (119%).
Interest Coverage: 0M9A's interest payments on its debt are well covered by EBIT (14.2x coverage).