Equitable Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Equitable Holdings has a total shareholder equity of $5.2B and total debt of $5.7B, which brings its debt-to-equity ratio to 111.5%. Its total assets and total liabilities are $276.8B and $271.7B respectively. Equitable Holdings's EBIT is $954.0M making its interest coverage ratio 4.4. It has cash and short-term investments of $9.4B.
Key information
111.5%
Debt to equity ratio
US$5.75b
Debt
| Interest coverage ratio | 4.4x |
| Cash | US$9.41b |
| Equity | US$5.16b |
| Total liabilities | US$271.66b |
| Total assets | US$276.81b |
Recent financial health updates
No updates
Recent updates
Investors Holding Back On Equitable Holdings, Inc. (NYSE:EQH)
Dec 18
Equitable Holdings: Improving Business Mix Creates Upside Potential
Dec 08Equitable Holdings: Undervalued Against Sector Averages With A Great Dividend
Aug 20Equitable Holdings' (NYSE:EQH) Dividend Will Be Increased To $0.22
May 28Equitable Holdings declares $0.20 dividend
Feb 15Equitable Holdings Q4 2022 Earnings Preview
Feb 07RBC downgrades Equitable Holdings on valuation, macro headwinds
Dec 06Equitable Holdings Non-GAAP EPS of $1.28 beats by $0.18, revenue of $3.0B misses by $130M
Nov 02Equitable Holdings acquires Penn Investment Advisors to expand wealth manager unit
Aug 17Equitable Holdings declares $0.20 dividend
Jul 29Equitable Holdings unit charged with fraud by US SEC
Jul 18Equitable Holdings (NYSE:EQH) Is Due To Pay A Dividend Of US$0.18
Feb 20Equitable Holdings (NYSE:EQH) Has Affirmed Its Dividend Of US$0.18
Nov 23Financial Position Analysis
Short Term Liabilities: EQH's short term assets ($28.2B) exceed its short term liabilities ($12.7B).
Long Term Liabilities: EQH's short term assets ($28.2B) do not cover its long term liabilities ($259.0B).
Debt to Equity History and Analysis
Debt Level: EQH has more cash than its total debt.
Reducing Debt: EQH's debt to equity ratio has increased from 35.4% to 111.5% over the past 5 years.
Debt Coverage: EQH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: EQH's interest payments on its debt are well covered by EBIT (4.4x coverage).