Hiscox Balance Sheet Health
Financial Health criteria checks 5/6
Hiscox has a total shareholder equity of $3.3B and total debt of $674.4M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are $11.1B and $7.8B respectively. Hiscox's EBIT is $702.6M making its interest coverage ratio 14.1. It has cash and short-term investments of $3.0B.
Key information
20.5%
Debt to equity ratio
US$674.40m
Debt
| Interest coverage ratio | 14.1x |
| Cash | US$2.97b |
| Equity | US$3.30b |
| Total liabilities | US$7.76b |
| Total assets | US$11.06b |
Recent financial health updates
No updates
Recent updates
Hiscox Ltd's (LON:HSX) Low P/E No Reason For Excitement
Mar 28
Here's Why We Think Hiscox (LON:HSX) Is Well Worth Watching
Dec 07Do Hiscox's (LON:HSX) Earnings Warrant Your Attention?
Sep 08Hiscox Ltd's (LON:HSX) CEO Will Probably Struggle To See A Pay Rise This Year
May 07How Many Hiscox Ltd (LON:HSX) Shares Do Institutions Own?
Mar 05Reflecting on Hiscox's (LON:HSX) Share Price Returns Over The Last Three Years
Jan 29Have Insiders Been Buying Hiscox Ltd (LON:HSX) Shares This Year?
Dec 25
Could The Hiscox Ltd (LON:HSX) Ownership Structure Tell Us Something Useful?
Nov 20Financial Position Analysis
Short Term Liabilities: HSX's short term assets ($5.6B) exceed its short term liabilities ($372.5M).
Long Term Liabilities: HSX's short term assets ($5.6B) do not cover its long term liabilities ($7.4B).
Debt to Equity History and Analysis
Debt Level: HSX has more cash than its total debt.
Reducing Debt: HSX's debt to equity ratio has reduced from 31% to 20.5% over the past 5 years.
Debt Coverage: HSX's debt is well covered by operating cash flow (34.4%).
Interest Coverage: HSX's interest payments on its debt are well covered by EBIT (14.1x coverage).