Aflac Balance Sheet Health
Financial Health criteria checks 4/6
Aflac has a total shareholder equity of $23.5B and total debt of $11.6B, which brings its debt-to-equity ratio to 49.5%. Its total assets and total liabilities are $124.7B and $101.2B respectively. Aflac's EBIT is $6.3B making its interest coverage ratio 32.4. It has cash and short-term investments of $8.4B.
Key information
49.5%
Debt to equity ratio
US$11.65b
Debt
| Interest coverage ratio | 32.4x |
| Cash | US$8.44b |
| Equity | US$23.54b |
| Total liabilities | US$101.21b |
| Total assets | US$124.74b |
Recent financial health updates
No updates
Recent updates
Aflac Incorporated Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 05
Aflac Incorporated: Good Positioning But Risks From Japan
Apr 22Aflac: Growing Cancer Cases Will Lead To Higher Revenues
Apr 09Aflac Incorporated's (NYSE:AFL) Share Price Is Matching Sentiment Around Its Earnings
Apr 08Aflac: A Dividend Aristocrat To Watch
Feb 08Aflac's (NYSE:AFL) Upcoming Dividend Will Be Larger Than Last Year's
Feb 07Aflac: Still A Very Interesting Dividend-Growth Play
Jan 17Investors Don't See Light At End Of Aflac Incorporated's (NYSE:AFL) Tunnel
Dec 21Aflac: Should Be Part Of Any Dividend Growth Portfolio
Dec 19Aflac Q3: Why High Valuation May Be Signaling A Stock Split (Rating Upgrade)
Dec 05Aflac: Hold Rating Reaffirmed, A Dividend Grower With High Stock Price
Nov 08Aflac: An Incredible Dividend Aristocrat That Every Dividend Investor Should Own
Oct 03Is Now The Time To Put Aflac (NYSE:AFL) On Your Watchlist?
Sep 07Insurer Aflac Swims On In Strong Rate Environment, But Remains Overbought
Jun 19Do Aflac's (NYSE:AFL) Earnings Warrant Your Attention?
Jun 01Aflac's (NYSE:AFL) Upcoming Dividend Will Be Larger Than Last Year's
May 14Aflac's (NYSE:AFL) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 30Aflac: Impressive Record, Mixed Results
Feb 19Aflac Continues To Deliver
Feb 10Aflac (NYSE:AFL) Is Paying Out A Larger Dividend Than Last Year
Feb 03AFLAC Non-GAAP EPS of $1.29 beats by $0.08, revenue of $4.01B misses by $480M
Feb 01Aflac's (NYSE:AFL) Upcoming Dividend Will Be Larger Than Last Year's
Dec 21Should You Be Adding Aflac (NYSE:AFL) To Your Watchlist Today?
Dec 08Aflac: Moderately Overvalued In Light Of Challenging Growth Environment
Dec 07Aflac: Higher Price, But Still Room To Run?
Nov 13Aflac (NYSE:AFL) Will Pay A Larger Dividend Than Last Year At $0.40
Nov 09AFLAC Non-GAAP EPS of $1.15 misses by $0.07, revenue of $4.82B beats by $240M
Oct 31Aflac: 'Probability' Shows A Good Long-Term Dividend Firm
Oct 07Aflac: Attractive Valuation After A Series Of Earnings Beats
Aug 16AFLAC Q2 2022 Earnings Preview
Jul 29Financial Position Analysis
Short Term Liabilities: AFL's short term assets ($10.7B) exceed its short term liabilities ($7.0B).
Long Term Liabilities: AFL's short term assets ($10.7B) do not cover its long term liabilities ($94.2B).
Debt to Equity History and Analysis
Debt Level: AFL's net debt to equity ratio (13.6%) is considered satisfactory.
Reducing Debt: AFL's debt to equity ratio has increased from 29.7% to 49.5% over the past 5 years.
Debt Coverage: AFL's debt is well covered by operating cash flow (27%).
Interest Coverage: AFL's interest payments on its debt are well covered by EBIT (32.4x coverage).