AXIS Capital Holdings Balance Sheet Health
Financial Health criteria checks 4/6
AXIS Capital Holdings has a total shareholder equity of $5.5B and total debt of $1.4B, which brings its debt-to-equity ratio to 25.4%. Its total assets and total liabilities are $31.8B and $26.3B respectively. AXIS Capital Holdings's EBIT is $605.7M making its interest coverage ratio 8.8. It has cash and short-term investments of $1.2B.
Key information
25.4%
Debt to equity ratio
US$1.40b
Debt
| Interest coverage ratio | 8.8x |
| Cash | US$1.22b |
| Equity | US$5.51b |
| Total liabilities | US$26.25b |
| Total assets | US$31.76b |
Recent financial health updates
No updates
Recent updates
Here's Why We Think AXIS Capital Holdings (NYSE:AXS) Is Well Worth Watching
Apr 18
AXIS Capital: Promising Niche Insurer, But Unclear Growth Driver Warrants Neutral Rating
Mar 01AXIS Capital Holdings Limited (NYSE:AXS) Could Be Riskier Than It Looks
Jan 23AXIS Capital Holdings (NYSE:AXS) Is Paying Out A Dividend Of $0.44
Dec 26AXIS Capital Holdings (NYSE:AXS) Has Announced A Dividend Of $0.44
Dec 12AXIS Capital: Rising ROE And Book Value Point To More Share-Price Gains
Nov 30AXIS Capital: Trading At A Discount As The Bottom Line Remains Inconsistent, Sell
Aug 22Axis Capital Holdings declares $0.44 dividend
Feb 22Axis Capital Holdings Q4 2022 Earnings Preview
Jan 24AXIS Capital announces CEO transition
Dec 20AXIS Capital Holdings (NYSE:AXS) Is Increasing Its Dividend To $0.44
Dec 12Axis Capital Holdings raises quarterly dividend by 2.3% to $0.44/share
Dec 08Axis Capital Holdings declares $0.43 dividend
Sep 21Axis Capital Holdings GAAP EPS of $0.32 misses by $0.90, revenue of $1.19B misses by $110M
Jul 26Does AXIS Capital Holdings (NYSE:AXS) Deserve A Spot On Your Watchlist?
Jul 23AXIS Capital: Quality Reinsurance Play At A Reasonable Price
Jul 19Diamonds In The Rough: 3 Top Emerging Market Stocks
Jul 06AXIS Capital Holdings Limited's (NYSE:AXS) Low P/E No Reason For Excitement
May 02AXIS Capital: Preferred Shares Getting To The Right Spot
Apr 18AXIS Capital: Earnings Trends Point To More Share-Price Gains
Jan 12AXIS Cedes More Risk To Third-Party Investors, Earns More Fees In Q3 2021
Oct 29AXIS Capital: Expecting $60 A Share Shortly
Aug 03Financial Position Analysis
Short Term Liabilities: AXS's short term assets ($14.6B) do not cover its short term liabilities ($22.6B).
Long Term Liabilities: AXS's short term assets ($14.6B) exceed its long term liabilities ($3.7B).
Debt to Equity History and Analysis
Debt Level: AXS's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: AXS's debt to equity ratio has increased from 25.3% to 25.4% over the past 5 years.
Debt Coverage: AXS's debt is well covered by operating cash flow (99.9%).
Interest Coverage: AXS's interest payments on its debt are well covered by EBIT (8.8x coverage).