Assicurazioni Generali Balance Sheet Health
Financial Health criteria checks 4/6
Assicurazioni Generali has a total shareholder equity of €31.3B and total debt of €17.0B, which brings its debt-to-equity ratio to 54.2%. Its total assets and total liabilities are €508.6B and €477.3B respectively. Assicurazioni Generali's EBIT is €6.7B making its interest coverage ratio 8.4. It has cash and short-term investments of €8.2B.
Key information
54.2%
Debt to equity ratio
€16.96b
Debt
| Interest coverage ratio | 8.4x |
| Cash | €8.17b |
| Equity | €31.28b |
| Total liabilities | €477.33b |
| Total assets | €508.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GASI N's short term assets (€24.3B) exceed its short term liabilities (€11.5B).
Long Term Liabilities: GASI N's short term assets (€24.3B) do not cover its long term liabilities (€465.8B).
Debt to Equity History and Analysis
Debt Level: GASI N's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: GASI N's debt to equity ratio has reduced from 87.3% to 54.2% over the past 5 years.
Debt Coverage: GASI N's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: GASI N's interest payments on its debt are well covered by EBIT (8.4x coverage).