Radian Group Balance Sheet Health
Financial Health criteria checks 4/6
Radian Group has a total shareholder equity of $4.4B and total debt of $1.5B, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are $7.6B and $3.2B respectively. Radian Group's EBIT is $882.1M making its interest coverage ratio 9.8. It has cash and short-term investments of $636.6M.
Key information
35.0%
Debt to equity ratio
US$1.54b
Debt
| Interest coverage ratio | 9.8x |
| Cash | US$636.62m |
| Equity | US$4.40b |
| Total liabilities | US$3.20b |
| Total assets | US$7.59b |
Recent financial health updates
Recent updates
Radian Remains Attractive Thanks To Strong Home Prices
Feb 26Radian Group Inc.'s (NYSE:RDN) Price Is Right But Growth Is Lacking
Dec 18
A Resilient Housing Market Makes Radian Attractive
Oct 09Radian Group Inc. Seems To Be Quite Fairly Valued At The Moment
Jul 17If EPS Growth Is Important To You, Radian Group (NYSE:RDN) Presents An Opportunity
Jul 03If EPS Growth Is Important To You, Radian Group (NYSE:RDN) Presents An Opportunity
Apr 03Radian Group raises dividend by 12.5% to $0.225
Feb 15Radian Group surges on plans to launch $300M share buyback plan
Jan 18Radian Group declares $0.20 dividend
Nov 09Radian Group Non-GAAP EPS of $1.31, revenue of $296.19M
Nov 02Radian Group Non-GAAP EPS of $1.36 beats by $0.60, revenue of $286.83M misses by $36.56M
Aug 01Radian Group: Best Near Capital Gain Real Estate Services Prospect
Jul 26Radian Group launches mortgage conduit connecting lenders and investors
Jul 13Buy Radian, Mortgage Insurers Are Not Banks, They Are Far Better Values
Mar 07Radian Group: A Beneficiary Of Hot Housing
Feb 08Radian Group: Another Near-Term Capital Gain Prospect Market-Makers See As Underpriced
Sep 14Radian Group Entered Its Fair Value Territory
Jun 26Radian's new defaults and cures decline in May
Jun 04Radian Group increases dividend by 12%
May 04Introducing Radian Group (NYSE:RDN), A Stock That Climbed 84% In The Last Five Years
Mar 12Radian Group declares $0.125 dividend
Nov 11Radian Group Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 06Radian Group EPS beats by $0.10, beats on revenue
Nov 04Radian to end its traditional appraisal business
Oct 29Financial Position Analysis
Short Term Liabilities: RDN's short term assets ($1.8B) exceed its short term liabilities ($955.9M).
Long Term Liabilities: RDN's short term assets ($1.8B) do not cover its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: RDN's net debt to equity ratio (20.5%) is considered satisfactory.
Reducing Debt: RDN's debt to equity ratio has increased from 31.9% to 35% over the past 5 years.
Debt Coverage: RDN's debt is well covered by operating cash flow (34.4%).
Interest Coverage: RDN's interest payments on its debt are well covered by EBIT (9.8x coverage).