Voya Financial Balance Sheet Health
Financial Health criteria checks 4/6
Voya Financial has a total shareholder equity of $6.6B and total debt of $4.2B, which brings its debt-to-equity ratio to 63.9%. Its total assets and total liabilities are $166.9B and $160.4B respectively. Voya Financial's EBIT is $1.2B making its interest coverage ratio 4. It has cash and short-term investments of $1.8B.
Key information
63.9%
Debt to equity ratio
US$4.21b
Debt
| Interest coverage ratio | 4x |
| Cash | US$1.76b |
| Equity | US$6.58b |
| Total liabilities | US$160.35b |
| Total assets | US$166.93b |
Recent financial health updates
No updates
Recent updates
Voya Financial's (NYSE:VOYA) Dividend Will Be Increased To $0.45
Aug 05
Not Many Are Piling Into Voya Financial, Inc. (NYSE:VOYA) Just Yet
Jul 18Fewer Investors Than Expected Jumping On Voya Financial, Inc. (NYSE:VOYA)
Apr 01A 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 31Financial Position Analysis
Short Term Liabilities: VOYA's short term assets ($15.4B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: VOYA's short term assets ($15.4B) do not cover its long term liabilities ($158.6B).
Debt to Equity History and Analysis
Debt Level: VOYA's net debt to equity ratio (37.2%) is considered satisfactory.
Reducing Debt: VOYA's debt to equity ratio has increased from 48.6% to 63.9% over the past 5 years.
Debt Coverage: VOYA's debt is well covered by operating cash flow (38.8%).
Interest Coverage: VOYA's interest payments on its debt are well covered by EBIT (4x coverage).