Greenlight Capital Re Balance Sheet Health
Financial Health criteria checks 5/6
Greenlight Capital Re has a total shareholder equity of $596.1M and total debt of $73.3M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are $1.7B and $1.1B respectively. Greenlight Capital Re's EBIT is $87.4M making its interest coverage ratio 10.9. It has cash and short-term investments of $51.1M.
Key information
12.3%
Debt to equity ratio
US$73.28m
Debt
| Interest coverage ratio | 10.9x |
| Cash | US$51.08m |
| Equity | US$596.10m |
| Total liabilities | US$1.14b |
| Total assets | US$1.74b |
Recent financial health updates
No updates
Recent updates
Tracking 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 ($1.3B) exceed its short term liabilities ($707.5M).
Long Term Liabilities: GLRE's short term assets ($1.3B) exceed its long term liabilities ($431.8M).
Debt to Equity History and Analysis
Debt Level: GLRE's net debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: GLRE's debt to equity ratio has reduced from 19% to 12.3% over the past 5 years.
Debt Coverage: GLRE's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: GLRE's interest payments on its debt are well covered by EBIT (10.9x coverage).