Vienna Insurance Group Balance Sheet Health
Financial Health criteria checks 4/6
Vienna Insurance Group has a total shareholder equity of €6.0B and total debt of €2.4B, which brings its debt-to-equity ratio to 39.7%. Its total assets and total liabilities are €48.8B and €42.7B respectively. Vienna Insurance Group's EBIT is €867.2M making its interest coverage ratio 8.8. It has cash and short-term investments of €1.6B.
Key information
39.7%
Debt to equity ratio
€2.40b
Debt
Interest coverage ratio | 8.8x |
Cash | €1.56b |
Equity | €6.03b |
Total liabilities | €42.72b |
Total assets | €48.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VIG's short term assets (€4.3B) exceed its short term liabilities (€181.2M).
Long Term Liabilities: VIG's short term assets (€4.3B) do not cover its long term liabilities (€42.5B).
Debt to Equity History and Analysis
Debt Level: VIG's net debt to equity ratio (13.9%) is considered satisfactory.
Reducing Debt: VIG's debt to equity ratio has reduced from 72.2% to 39.7% over the past 5 years.
Debt Coverage: VIG's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: VIG's interest payments on its debt are well covered by EBIT (8.8x coverage).