Essent Group Balance Sheet Health
Financial Health criteria checks 5/6
Essent Group has a total shareholder equity of $5.6B and total debt of $493.7M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are $7.1B and $1.5B respectively. Essent Group's EBIT is $903.1M making its interest coverage ratio 25.7. It has cash and short-term investments of $1.1B.
Key information
8.8%
Debt to equity ratio
US$493.67m
Debt
| Interest coverage ratio | 25.7x |
| Cash | US$1.14b |
| Equity | US$5.64b |
| Total liabilities | US$1.49b |
| Total assets | US$7.13b |
Recent financial health updates
No updates
Recent updates
Is Now The Time To Put Essent Group (NYSE:ESNT) On Your Watchlist?
Sep 03
Insuring Growth: Essent Group's Q2 Earnings Paint A Bright Picture
Aug 29Essent Group Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Aug 07Benign Growth For Essent Group Ltd. (NYSE:ESNT) Underpins Its Share Price
Jul 16Essent Group Ltd. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 07Essent Group (NYSE:ESNT) Is Due To Pay A Dividend Of $0.28
May 06Why We Think Essent Group Ltd.'s (NYSE:ESNT) CEO Compensation Is Not Excessive At All
Apr 26The Market Doesn't Like What It Sees From Essent Group Ltd.'s (NYSE:ESNT) Earnings Yet
Mar 24Essent: Still Worried About Unemployment
Dec 07Essent Group: Insurances Grow And So Does The Buy Case
Aug 26With EPS Growth And More, Essent Group (NYSE:ESNT) Makes An Interesting Case
Mar 22Essent Group (NYSE:ESNT) Is Increasing Its Dividend To $0.25
Feb 13Essent Group raises dividend to $0.25/share
Feb 10Essent's Catalyst Is The End To Economic Uncertainty
Jan 10Essent Group Q3 2022 Earnings Preview
Nov 03Essent Group's (NYSE:ESNT) Upcoming Dividend Will Be Larger Than Last Year's
Aug 26Essent In A Tough Industry, Underwriting Will Slow
Aug 25Essent Group (NYSE:ESNT) Is Increasing Its Dividend To $0.22
Aug 08Essent Group GAAP EPS of $2.16 beats by $0.66, revenue of $244.4M in-line
Aug 05Essent Benefits From Housing Strength But Still Risky
Jun 03Essent Group (NYSE:ESNT) Is Increasing Its Dividend To US$0.21
May 09Essent Group (NYSE:ESNT) Is Increasing Its Dividend To US$0.20
Feb 14With EPS Growth And More, Essent Group (NYSE:ESNT) Is Interesting
Dec 30Financial Position Analysis
Short Term Liabilities: ESNT's short term assets ($1.7B) exceed its short term liabilities ($581.1M).
Long Term Liabilities: ESNT's short term assets ($1.7B) exceed its long term liabilities ($904.4M).
Debt to Equity History and Analysis
Debt Level: ESNT has more cash than its total debt.
Reducing Debt: ESNT's debt to equity ratio has increased from 7.8% to 8.8% over the past 5 years.
Debt Coverage: ESNT's debt is well covered by operating cash flow (165.3%).
Interest Coverage: ESNT's interest payments on its debt are well covered by EBIT (25.7x coverage).