Hartford Financial Services Group Balance Sheet Health
Financial Health criteria checks 5/6
Hartford Financial Services Group has a total shareholder equity of $15.3B and total debt of $4.4B, which brings its debt-to-equity ratio to 28.5%. Its total assets and total liabilities are $76.8B and $61.5B respectively. Hartford Financial Services Group's EBIT is $3.3B making its interest coverage ratio 16.6. It has cash and short-term investments of $4.0B.
Key information
28.5%
Debt to equity ratio
US$4.36b
Debt
| Interest coverage ratio | 16.6x |
| Cash | US$3.98b |
| Equity | US$15.33b |
| Total liabilities | US$61.45b |
| Total assets | US$76.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HIG *'s short term assets ($16.8B) exceed its short term liabilities ($8.6B).
Long Term Liabilities: HIG *'s short term assets ($16.8B) do not cover its long term liabilities ($52.9B).
Debt to Equity History and Analysis
Debt Level: HIG *'s net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: HIG *'s debt to equity ratio has reduced from 36.7% to 28.5% over the past 5 years.
Debt Coverage: HIG *'s debt is well covered by operating cash flow (84.3%).
Interest Coverage: HIG *'s interest payments on its debt are well covered by EBIT (16.6x coverage).