AXA Balance Sheet Health
Financial Health criteria checks 3/6
AXA has a total shareholder equity of €55.7B and total debt of €58.5B, which brings its debt-to-equity ratio to 105%. Its total assets and total liabilities are €635.6B and €579.9B respectively. AXA's EBIT is €9.1B making its interest coverage ratio 16.7. It has cash and short-term investments of €71.6B.
Key information
105.0%
Debt to equity ratio
€58.50b
Debt
| Interest coverage ratio | 16.7x |
| Cash | €71.65b |
| Equity | €55.71b |
| Total liabilities | €579.87b |
| Total assets | €635.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AXA N's short term assets (€135.0B) exceed its short term liabilities (€31.2B).
Long Term Liabilities: AXA N's short term assets (€135.0B) do not cover its long term liabilities (€548.7B).
Debt to Equity History and Analysis
Debt Level: AXA N has more cash than its total debt.
Reducing Debt: AXA N's debt to equity ratio has increased from 61.8% to 105% over the past 5 years.
Debt Coverage: AXA N's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: AXA N's interest payments on its debt are well covered by EBIT (16.7x coverage).