F&G Annuities & Life Balance Sheet Health
Financial Health criteria checks 3/6
F&G Annuities & Life has a total shareholder equity of $3.1B and total debt of $1.8B, which brings its debt-to-equity ratio to 56.5%. Its total assets and total liabilities are $70.2B and $67.1B respectively. F&G Annuities & Life's EBIT is $62.0M making its interest coverage ratio 0.6. It has cash and short-term investments of $3.0B.
Key information
56.5%
Debt to equity ratio
US$1.75b
Debt
Interest coverage ratio | 0.6x |
Cash | US$3.02b |
Equity | US$3.10b |
Total liabilities | US$67.10b |
Total assets | US$70.20b |
Recent financial health updates
No updates
Recent updates
F&G Annuities & Life: Q4 Is Unlikely To Change The Company's Trajectory
Feb 26F&G Annuities & Life: The Stock Has Quickly Doubled And The Upside Is Less Appealing
Nov 17F&G Annuities & Life: Further Upside, But Its Investment Portfolio Bears Watching
Nov 11F&G Annuities & Life, Inc. Non-GAAP EPS of $1.10 beats by $0.36, revenue of $623M misses by $467M
Feb 22F&G Annuities & Life, Inc.'s (NYSE:FG) Business And Shares Still Trailing The Market
Feb 22F&G Annuities & Life acquires equity ownership stake in long-time distribution partner
Jan 31F&G Annuities & Life prices $500M senior note offering
Jan 09F&G Annuities & Life, Inc. declares $0.20 dividend
Dec 08Financial Position Analysis
Short Term Liabilities: FG's short term assets ($13.4B) do not cover its short term liabilities ($13.7B).
Long Term Liabilities: FG's short term assets ($13.4B) do not cover its long term liabilities ($53.4B).
Debt to Equity History and Analysis
Debt Level: FG has more cash than its total debt.
Reducing Debt: FG's debt to equity ratio has reduced from 58.9% to 56.5% over the past 5 years.
Debt Coverage: FG's debt is well covered by operating cash flow (332.6%).
Interest Coverage: FG's interest payments on its debt are not well covered by EBIT (0.6x coverage).