UnipolSai Assicurazioni Balance Sheet Health
Financial Health criteria checks 5/6
UnipolSai Assicurazioni has a total shareholder equity of €7.3B and total debt of €2.9B, which brings its debt-to-equity ratio to 40.1%. Its total assets and total liabilities are €75.1B and €67.8B respectively. UnipolSai Assicurazioni's EBIT is €1.8B making its interest coverage ratio 8.9. It has cash and short-term investments of €1.1B.
Key information
40.1%
Debt to equity ratio
€2.93b
Debt
Interest coverage ratio | 8.9x |
Cash | €1.05b |
Equity | €7.31b |
Total liabilities | €67.81b |
Total assets | €75.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0Q8M's short term assets (€6.9B) exceed its short term liabilities (€974.0M).
Long Term Liabilities: 0Q8M's short term assets (€6.9B) do not cover its long term liabilities (€66.8B).
Debt to Equity History and Analysis
Debt Level: 0Q8M's net debt to equity ratio (25.7%) is considered satisfactory.
Reducing Debt: 0Q8M's debt to equity ratio has reduced from 44.7% to 40.1% over the past 5 years.
Debt Coverage: 0Q8M's debt is well covered by operating cash flow (79.1%).
Interest Coverage: 0Q8M's interest payments on its debt are well covered by EBIT (8.9x coverage).