Genworth Financial Balance Sheet Health
Financial Health criteria checks 5/6
Genworth Financial has a total shareholder equity of $8.9B and total debt of $2.5B, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are $85.5B and $76.6B respectively. Genworth Financial's EBIT is $864.0M making its interest coverage ratio 7.4. It has cash and short-term investments of $2.0B.
Key information
28.0%
Debt to equity ratio
US$2.49b
Debt
| Interest coverage ratio | 7.4x |
| Cash | US$2.04b |
| Equity | US$8.88b |
| Total liabilities | US$76.59b |
| Total assets | US$85.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GNW *'s short term assets ($20.3B) exceed its short term liabilities ($1.9B).
Long Term Liabilities: GNW *'s short term assets ($20.3B) do not cover its long term liabilities ($74.7B).
Debt to Equity History and Analysis
Debt Level: GNW *'s net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: GNW *'s debt to equity ratio has reduced from 31% to 28% over the past 5 years.
Debt Coverage: GNW *'s debt is well covered by operating cash flow (34.4%).
Interest Coverage: GNW *'s interest payments on its debt are well covered by EBIT (7.4x coverage).