Hiscox Balance Sheet Health
Financial Health criteria checks 5/6
Hiscox has a total shareholder equity of $3.4B and total debt of $689.3M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are $11.3B and $8.0B respectively. Hiscox's EBIT is $720.7M making its interest coverage ratio 14. It has cash and short-term investments of $1.1B.
Key information
20.5%
Debt to equity ratio
US$689.30m
Debt
| Interest coverage ratio | 14x |
| Cash | US$1.11b |
| Equity | US$3.37b |
| Total liabilities | US$7.97b |
| Total assets | US$11.34b |
Recent financial health updates
No updates
Recent updates
Improved Earnings Required Before Hiscox Ltd (LON:HSX) Shares Find Their Feet
Aug 28
With EPS Growth And More, Hiscox (LON:HSX) Makes An Interesting Case
Jun 12Hiscox Ltd's (LON:HSX) Low P/E No Reason For Excitement
Mar 28Here'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 ($4.0B) exceed its short term liabilities ($429.0M).
Long Term Liabilities: HSX's short term assets ($4.0B) do not cover its long term liabilities ($7.5B).
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 30.7% to 20.5% over the past 5 years.
Debt Coverage: HSX's debt is well covered by operating cash flow (53.2%).
Interest Coverage: HSX's interest payments on its debt are well covered by EBIT (14x coverage).