Greenlight Capital Re Balance Sheet Health
Financial Health criteria checks 6/6
Greenlight Capital Re has a total shareholder equity of $663.4M and total debt of $62.6M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are $2.0B and $1.3B respectively. Greenlight Capital Re's EBIT is $98.8M making its interest coverage ratio 8. It has cash and short-term investments of $54.6M.
Key information
9.4%
Debt to equity ratio
US$62.58m
Debt
| Interest coverage ratio | 8x |
| Cash | US$54.64m |
| Equity | US$663.42m |
| Total liabilities | US$1.34b |
| Total assets | US$2.00b |
Recent financial health updates
No updates
Recent updates
Revisiting Greenlight Capital Re: Still A 'Hold' For Me
Nov 20Greenlight Capital Q3 2024 Letter
Oct 17Tracking David Einhorn's Greenlight Capital Portfolio - Q2 2024 Update
Sep 05Greenlight Capital Q2 2024 Letter
Aug 23Tracking David Einhorn's Greenlight Capital Portfolio - Q1 2024 Update
Jun 07Tracking David Einhorn's Greenlight Capital Portfolio - Q4 2023 Update
Mar 05Greenlight Capital Q4 2023 Letter
Jan 24If EPS Growth Is Important To You, Greenlight Capital Re (NASDAQ:GLRE) Presents An Opportunity
May 17
Greenlight Capital Re invests in short-term rental insurance startup SafelyStay
Oct 18Tracking David Einhorn's Greenlight Capital Portfolio - Q2 2022 Update
Oct 10Greenlight Capital Re: Re-Analyzing David Einhorn's Investment Vehicle
Aug 12Greenlight Capital Q1 2022 Letter
Jun 02Tracking David Einhorn's Greenlight Capital Portfolio - Q1 2022 Update
May 19Tracking David Einhorn's Greenlight Capital Portfolio - Q4 2021 Update
Feb 28Tracking David Einhorn's Portfolio - Q3 2021 Update
Nov 18Tracking David Einhorn's Portfolio - Q2 2021 Update
Sep 07Greenlight Re: Investing With David Einhorn Or Not
Jun 28Tracking David Einhorn's Portfolio - Q1 2021 Update
Jun 08Greenlight Capital Re's (NASDAQ:GLRE) Stock Price Has Reduced 63% In The Past Five Years
Mar 07Did Greenlight Capital Re, Ltd. (NASDAQ:GLRE) Insiders Sell Shares?
Jan 31A Look At Greenlight Capital Re's (NASDAQ:GLRE) CEO Remuneration
Dec 27
Greenlight Capital Re's (NASDAQ:GLRE) Stock Price Has Reduced 66% In The Past Three Years
Dec 01Greenlight Capital Re forms marketing company boost presence in London market
Nov 24Tracking David Einhorn's Portfolio - Q3 2020 Update
Nov 18Financial Position Analysis
Short Term Liabilities: GLRE's short term assets ($1.4B) exceed its short term liabilities ($842.9M).
Long Term Liabilities: GLRE's short term assets ($1.4B) exceed its long term liabilities ($495.3M).
Debt to Equity History and Analysis
Debt Level: GLRE's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: GLRE's debt to equity ratio has reduced from 18.1% to 9.4% over the past 5 years.
Debt Coverage: GLRE's debt is well covered by operating cash flow (166.4%).
Interest Coverage: GLRE's interest payments on its debt are well covered by EBIT (8x coverage).