American Financial Group Balance Sheet Health
Financial Health criteria checks 3/6
American Financial Group has a total shareholder equity of $6.1B and total debt of $3.1B, which brings its debt-to-equity ratio to 51%. Its total assets and total liabilities are $70.9B and $64.7B respectively. American Financial Group's EBIT is $451.0M making its interest coverage ratio 6. It has cash and short-term investments of $2.9B.
Key information
51.0%
Debt to equity ratio
US$3.13b
Debt
| Interest coverage ratio | 6x |
| Cash | US$2.92b |
| Equity | US$6.13b |
| Total liabilities | US$64.74b |
| Total assets | US$70.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFGD's short term assets ($10.4B) exceed its short term liabilities ($7.6B).
Long Term Liabilities: AFGD's short term assets ($10.4B) do not cover its long term liabilities ($57.1B).
Debt to Equity History and Analysis
Debt Level: Insufficient data to calculate AFGD's net debt to equity ratio to determine if it is satisfactory.
Reducing Debt: AFGD's debt to equity ratio has increased from 35.3% to 51% over the past 5 years.
Debt Coverage: AFGD's debt is well covered by operating cash flow (85.3%).
Interest Coverage: AFGD's interest payments on its debt are well covered by EBIT (6x coverage).