This company has been acquired
Trean Insurance Group Balance Sheet Health
Financial Health criteria checks 3/6
Trean Insurance Group has a total shareholder equity of $315.0M and total debt of $77.1M, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are $1.6B and $1.3B respectively. Trean Insurance Group's EBIT is $5.7M making its interest coverage ratio 1.7. It has cash and short-term investments of $108.0M.
Key information
24.5%
Debt to equity ratio
US$77.07m
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$107.99m |
| Equity | US$315.02m |
| Total liabilities | US$1.27b |
| Total assets | US$1.58b |
Recent financial health updates
No updates
Recent updates
The Market Doesn't Like What It Sees From Trean Insurance Group, Inc.'s (NASDAQ:TIG) Earnings Yet
Nov 04
Trean insurance group increases surplus with $50M notes offering
Aug 24Trean Insurance Non-GAAP EPS of $0.11, revenue of $68.77M.
Aug 03Trean Insurance names Julie Baron Chief Operating Officer in management shuffle
Jun 14Why Trean Insurance Group, Inc. (NASDAQ:TIG) Looks Like A Quality Company
Jan 29
Financial Position Analysis
Short Term Liabilities: TIG's short term assets ($814.8M) do not cover its short term liabilities ($844.0M).
Long Term Liabilities: TIG's short term assets ($814.8M) exceed its long term liabilities ($422.9M).
Debt to Equity History and Analysis
Debt Level: TIG has more cash than its total debt.
Reducing Debt: Insufficient data to determine if TIG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TIG's debt is well covered by operating cash flow (141.4%).
Interest Coverage: TIG's interest payments on its debt are not well covered by EBIT (1.7x coverage).