Direct Line Insurance Group Financial Health
How is Direct Line Insurance Group's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: DLG's short term assets (£3.0B) do not cover its short term liabilities (£5.6B).
Long Term Liabilities: DLG's short term assets (£3.0B) exceed its long term liabilities (£489.0M).
Debt to Equity History and Analysis
Debt Level: DLG has more cash than its total debt.
Reducing Debt: DLG's debt to equity ratio has reduced from 22.2% to 13.6% over the past 5 years.
Debt Coverage: DLG's debt is well covered by operating cash flow (197.5%).
Interest Coverage: DLG's interest payments on its debt are well covered by EBIT (11.1x coverage).