Corebridge Financial Balance Sheet Health
Financial Health criteria checks 2/6
Corebridge Financial has a total shareholder equity of $12.6B and total debt of $11.9B, which brings its debt-to-equity ratio to 94%. Its total assets and total liabilities are $379.3B and $366.6B respectively. Corebridge Financial's EBIT is $1.0B making its interest coverage ratio 1.8. It has cash and short-term investments of $4.9B.
Key information
94.0%
Debt to equity ratio
US$11.87b
Debt
Interest coverage ratio | 1.8x |
Cash | US$4.95b |
Equity | US$12.64b |
Total liabilities | US$366.64b |
Total assets | US$379.27b |
Recent financial health updates
No updates
Recent updates
Corebridge: A Favorable Interest Rate Environment Supports Ongoing Upside
Mar 15Corebridge Financial (NYSE:CRBG) Has Affirmed Its Dividend Of $0.23
Mar 12Corebridge Financial (NYSE:CRBG) Will Pay A Dividend Of $0.23
Feb 18Corebridge Financial: Material Upside Even With The AIG Overhang
Dec 13Corebridge Financial (NYSE:CRBG) Is Paying Out A Dividend Of $0.23
Dec 01Corebridge Financial (NYSE:CRBG) Has Affirmed Its Dividend Of $0.23
Nov 12Corebridge Financial: A Shining Star Positioned For Outperformance
Oct 15Corebridge Financial: Profit Growth, Modest Valuation, High Yield, Momentum, Come Together
Oct 03Benign Growth For Corebridge Financial, Inc. (NYSE:CRBG) Underpins Its Share Price
Jul 31Corebridge Financial: Transforming Into A Fantastic Business
Jul 19Corebridge Financial Non-GAAP EPS of $0.88 beats by $0.20, Premiums and deposits of $8.69B
Feb 17Corebridge Financial declares $0.23 dividend
Nov 09Financial Position Analysis
Short Term Liabilities: CRBG's short term assets ($38.6B) exceed its short term liabilities ($26.3B).
Long Term Liabilities: CRBG's short term assets ($38.6B) do not cover its long term liabilities ($340.3B).
Debt to Equity History and Analysis
Debt Level: CRBG's net debt to equity ratio (54.8%) is considered high.
Reducing Debt: Insufficient data to determine if CRBG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CRBG's debt is well covered by operating cash flow (28.3%).
Interest Coverage: CRBG's interest payments on its debt are not well covered by EBIT (1.8x coverage).