Allianz Balance Sheet Health
Financial Health criteria checks 5/6
Allianz has a total shareholder equity of €63.4B and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €1,003.7B and €940.3B respectively. Allianz's EBIT is €12.4B making its interest coverage ratio 303.5. It has cash and short-term investments of €28.4B.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | 303.5x |
Cash | €28.37b |
Equity | €63.42b |
Total liabilities | €940.31b |
Total assets | €1.00t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALV's short term assets (€53.6B) exceed its short term liabilities (€327.0M).
Long Term Liabilities: ALV's short term assets (€53.6B) do not cover its long term liabilities (€940.0B).
Debt to Equity History and Analysis
Debt Level: ALV is debt free.
Reducing Debt: ALV has no debt compared to 5 years ago when its debt to equity ratio was 55.6%.
Debt Coverage: ALV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ALV has no debt, therefore coverage of interest payments is not a concern.