Voya Financial Balance Sheet Health
Financial Health criteria checks 4/6
Voya Financial has a total shareholder equity of $6.1B and total debt of $3.6B, which brings its debt-to-equity ratio to 59%. Its total assets and total liabilities are $157.1B and $151.0B respectively. Voya Financial's EBIT is $1.1B making its interest coverage ratio 3.8. It has cash and short-term investments of $1.4B.
Key information
59.0%
Debt to equity ratio
US$3.57b
Debt
| Interest coverage ratio | 3.8x |
| Cash | US$1.42b |
| Equity | US$6.05b |
| Total liabilities | US$151.03b |
| Total assets | US$157.09b |
Recent financial health updates
No updates
Recent updates
Fewer Investors Than Expected Jumping On Voya Financial, Inc. (NYSE:VOYA)
Apr 01
A Piece Of The Puzzle Missing From Voya Financial, Inc.'s (NYSE:VOYA) Share Price
Dec 18Voya Financial Will Outperform Competitors For These 3 Reasons
Nov 08Voya Financial Q2 Earnings: Solid Growth But Too Expensive Right Now
Aug 04Voya Financial's (NYSE:VOYA) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 31Voya Financial (NYSE:VOYA) Will Pay A Dividend Of $0.20
May 15Voya Financial (NYSE:VOYA) Is Paying Out A Dividend Of $0.20
May 01Voya Financial's (NYSE:VOYA) Dividend Will Be $0.20
Feb 19Voya Financial, Inc. Just Recorded A 9.4% EPS Beat: Here's What Analysts Are Forecasting Next
Feb 09Voya Financial Q4 2022 Earnings Preview
Feb 06Voya Financial (NYSE:VOYA) Is Paying Out A Dividend Of $0.20
Jan 30Voya Financial declares $0.20 dividend
Jan 26Voya Financial (NYSE:VOYA) Is Due To Pay A Dividend Of $0.20
Nov 18Voya Financial names former Marathon Petroleum exec as new CFO
Nov 14Benefitfocus stock soars ~49% after hours on $570M merger with Voya Financial
Nov 01Voya Financial (NYSE:VOYA) Will Pay A Dividend Of $0.20
Oct 31Voya Financial upped to Overweight at Piper Sandler, calling it 'inflation net beneficiary'
Sep 30Voya Financial names My Chi To as chief legal officer, executive vice president
Sep 12Voya Financial declares $0.20 dividend
Jul 28Voya Financial names Heather Lavallee as CEO
Jul 07Financial Position Analysis
Short Term Liabilities: VOYA's short term assets ($15.4B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: VOYA's short term assets ($15.4B) do not cover its long term liabilities ($149.9B).
Debt to Equity History and Analysis
Debt Level: VOYA's net debt to equity ratio (35.6%) is considered satisfactory.
Reducing Debt: VOYA's debt to equity ratio has increased from 51.5% to 59% over the past 5 years.
Debt Coverage: VOYA's debt is well covered by operating cash flow (45.8%).
Interest Coverage: VOYA's interest payments on its debt are well covered by EBIT (3.8x coverage).