Essent Group Balance Sheet Health
Financial Health criteria checks 6/6
Essent Group has a total shareholder equity of $5.1B and total debt of $421.9M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are $6.4B and $1.3B respectively. Essent Group's EBIT is $857.6M making its interest coverage ratio 28.5. It has cash and short-term investments of $1.1B.
Key information
8.3%
Debt to equity ratio
US$421.92m
Debt
| Interest coverage ratio | 28.5x |
| Cash | US$1.07b |
| Equity | US$5.10b |
| Total liabilities | US$1.32b |
| Total assets | US$6.43b |
Recent financial health updates
No updates
Recent updates
Why We Think Essent Group Ltd.'s (NYSE:ESNT) CEO Compensation Is Not Excessive At All
Apr 26
The 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 30Essent Group (NYSE:ESNT) Is Paying Out A Larger Dividend Than Last Year
Nov 08Essent Group: Don't Be Fooled By The Market
Sep 08Essent Group (NYSE:ESNT) Will Pay A Larger Dividend Than Last Year At US$0.18
Aug 09Essent Group: A Solid Leader Of The PMI Market At A Fair Price
Jun 01Essent Group Q1 2021 Earnings Preview
May 06Most Shareholders Will Probably Find That The CEO Compensation For Essent Group Ltd. (NYSE:ESNT) Is Reasonable
Apr 29Here's What We Like About Essent Group's (NYSE:ESNT) Upcoming Dividend
Mar 04Financial Position Analysis
Short Term Liabilities: ESNT's short term assets ($1.6B) exceed its short term liabilities ($331.0M).
Long Term Liabilities: ESNT's short term assets ($1.6B) exceed its long term liabilities ($993.1M).
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 reduced from 9.5% to 8.3% over the past 5 years.
Debt Coverage: ESNT's debt is well covered by operating cash flow (180.8%).
Interest Coverage: ESNT's interest payments on its debt are well covered by EBIT (28.5x coverage).