Greenlight Capital Re Balance Sheet Health
Financial Health criteria checks 6/6
Greenlight Capital Re has a total shareholder equity of $624.5M and total debt of $72.5M, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are $1.9B and $1.3B respectively. Greenlight Capital Re's EBIT is $116.8M making its interest coverage ratio 12.6. It has cash and short-term investments of $61.6M.
Key information
11.6%
Debt to equity ratio
US$72.47m
Debt
Interest coverage ratio | 12.6x |
Cash | US$61.60m |
Equity | US$624.46m |
Total liabilities | US$1.25b |
Total assets | US$1.88b |
Recent financial health updates
No updates
Recent updates
Tracking 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 17Greenlight 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 27Greenlight 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 ($788.6M).
Long Term Liabilities: GLRE's short term assets ($1.4B) exceed its long term liabilities ($463.9M).
Debt to Equity History and Analysis
Debt Level: GLRE's net debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: GLRE's debt to equity ratio has reduced from 18.7% to 11.6% over the past 5 years.
Debt Coverage: GLRE's debt is well covered by operating cash flow (36.9%).
Interest Coverage: GLRE's interest payments on its debt are well covered by EBIT (12.6x coverage).