Assurant, Inc.

NYSE:AIZ Stock Report

Market Cap: US$11.0b

Assurant Balance Sheet Health

Financial Health criteria checks 5/6

Assurant has a total shareholder equity of $5.3B and total debt of $2.1B, which brings its debt-to-equity ratio to 39.6%. Its total assets and total liabilities are $35.3B and $30.1B respectively. Assurant's EBIT is $1.0B making its interest coverage ratio 9.6. It has cash and short-term investments of $2.1B.

Key information

39.6%

Debt to equity ratio

US$2.08b

Debt

Interest coverage ratio9.6x
CashUS$2.14b
EquityUS$5.26b
Total liabilitiesUS$30.08b
Total assetsUS$35.33b

Recent financial health updates

No updates

Recent updates

Assurant, Inc. (NYSE:AIZ) Doing What It Can To Lift Shares

Dec 17
Assurant, Inc. (NYSE:AIZ) Doing What It Can To Lift Shares

Should You Be Adding Assurant (NYSE:AIZ) To Your Watchlist Today?

Nov 25
Should You Be Adding Assurant (NYSE:AIZ) To Your Watchlist Today?

Assurant: Niche Markets Lead To Consistent Growth

Sep 11

Market Cool On Assurant, Inc.'s (NYSE:AIZ) Earnings

Aug 29
Market Cool On Assurant, Inc.'s (NYSE:AIZ) Earnings

Here's Why Assurant (NYSE:AIZ) Has Caught The Eye Of Investors

Jul 26
Here's Why Assurant (NYSE:AIZ) Has Caught The Eye Of Investors

Assurant: The Growth Story Remains Solid

Jul 12

Assurant, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

May 09
Assurant, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Assurant, Inc.'s (NYSE:AIZ) Subdued P/E Might Signal An Opportunity

Apr 29
Assurant, Inc.'s (NYSE:AIZ) Subdued P/E Might Signal An Opportunity

Assurant: My Peter Lynch Story, But The Stock Is A Hold

Jan 11

Assurant: Rapid Growth And An Improving Portfolio

Oct 23

Assurant Remains Cheaply Valued, Even After Its Rally

Sep 20

Assurant: Growth And Sticky Rate Hikes Reduce Upside, Downgrade To Hold

Jun 28

Assurant Q4 2022 Earnings Preview

Feb 06

Assurant declares $0.70 dividend

Jan 19

Assurant Is Trading At A Nearly 5-Year Low Valuation Level

Jan 10

Assurant announces cost-cutting plan, expects $55M in annual run rate savings by 2024-end

Dec 13

Assurant Non-GAAP EPS of $1.01 beats by $0.01, revenue of $2.55B misses by $50M

Nov 01

Assurant Has Become Undervalued

Oct 04

Assurant and T-Mobile enter a multi-year agreement for device protection solutions

Sep 26

Financial Position Analysis

Short Term Liabilities: AIZ's short term assets ($11.7B) do not cover its short term liabilities ($27.3B).

Long Term Liabilities: AIZ's short term assets ($11.7B) exceed its long term liabilities ($2.7B).

Debt to Equity History and Analysis

Debt Level: AIZ has more cash than its total debt.

Reducing Debt: AIZ's debt to equity ratio has reduced from 63.6% to 39.6% over the past 5 years.

Debt Coverage: AIZ's debt is well covered by operating cash flow (76.5%).

Interest Coverage: AIZ's interest payments on its debt are well covered by EBIT (9.6x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/02 02:17
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Assurant, Inc. is covered by 23 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alan DevlinAtlantic Equities LLP
Grace CarterBofA Global Research
Catherine SeifertCFRA Equity Research