Allianz Balance Sheet Health
Financial Health criteria checks 5/6
Allianz has a total shareholder equity of €61.4B and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €1,026.5B and €965.1B respectively. Allianz's EBIT is €13.6B making its interest coverage ratio -99.6. It has cash and short-term investments of €31.0B.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | -99.6x |
| Cash | €30.96b |
| Equity | €61.38b |
| Total liabilities | €965.11b |
| Total assets | €1.03t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALLIANZ's short term assets (€58.3B) exceed its short term liabilities (€264.0M).
Long Term Liabilities: ALLIANZ's short term assets (€58.3B) do not cover its long term liabilities (€964.8B).
Debt to Equity History and Analysis
Debt Level: ALLIANZ is debt free.
Reducing Debt: ALLIANZ has no debt compared to 5 years ago when its debt to equity ratio was 49.5%.
Debt Coverage: ALLIANZ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ALLIANZ has no debt, therefore coverage of interest payments is not a concern.