Radian Group Balance Sheet Health
Financial Health criteria checks 3/6
Radian Group has a total shareholder equity of $4.7B and total debt of $2.0B, which brings its debt-to-equity ratio to 41.7%. Its total assets and total liabilities are $8.4B and $3.7B respectively. Radian Group's EBIT is $895.5M making its interest coverage ratio 8.2. It has cash and short-term investments of $432.8M.
Key information
41.7%
Debt to equity ratio
US$1.96b
Debt
| Interest coverage ratio | 8.2x |
| Cash | US$432.81m |
| Equity | US$4.70b |
| Total liabilities | US$3.72b |
| Total assets | US$8.42b |
Recent financial health updates
No updates
Recent updates
Results: Radian Group Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Nov 09
Radian Group Inc.'s (NYSE:RDN) Prospects Need A Boost To Lift Shares
Nov 06Radian Group: Strong Capital Returns Reflected In Valuation
Oct 04Radian Group Inc. Just Beat EPS By 9.4%: Here's What Analysts Think Will Happen Next
Aug 03Radian: Likely Fairly Valued As Legacy Tailwinds Peak (Rating Downgrade)
May 25Radian Remains Attractive Thanks To Strong Home Prices
Feb 26A Resilient Housing Market Makes Radian Attractive
Oct 09Radian Group Inc. Seems To Be Quite Fairly Valued At The Moment
Jul 17Radian 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 14Financial Position Analysis
Short Term Liabilities: RDN's short term assets ($1.7B) exceed its short term liabilities ($410.6M).
Long Term Liabilities: RDN's short term assets ($1.7B) do not cover its long term liabilities ($3.3B).
Debt to Equity History and Analysis
Debt Level: RDN's net debt to equity ratio (32.5%) is considered satisfactory.
Reducing Debt: RDN's debt to equity ratio has increased from 25.3% to 41.7% over the past 5 years.
Debt Coverage: RDN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RDN's interest payments on its debt are well covered by EBIT (8.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 14:02 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Radian Group Inc. is covered by 22 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bruce Harting | Barclays |
| Terry Ma | Barclays |
| Mihir Bhatia | BofA Global Research |