F&G Annuities & Life Balance Sheet Health
Financial Health criteria checks 3/6
F&G Annuities & Life has a total shareholder equity of $3.7B and total debt of $1.8B, which brings its debt-to-equity ratio to 48%. Its total assets and total liabilities are $74.4B and $70.8B respectively. F&G Annuities & Life's EBIT is $415.0M making its interest coverage ratio 4. It has cash and short-term investments of $2.6B.
Key information
48.0%
Debt to equity ratio
US$1.77b
Debt
| Interest coverage ratio | 4x |
| Cash | US$2.64b |
| Equity | US$3.68b |
| Total liabilities | US$70.75b |
| Total assets | US$74.43b |
Recent financial health updates
No updates
Recent updates
F&G Annuities & Life (NYSE:FG) Has Affirmed Its Dividend Of $0.21
May 30
F&G Annuities & Life: Solid Q1 Despite Mixed Alternative Returns
May 11F&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 ($14.5B) do not cover its short term liabilities ($15.3B).
Long Term Liabilities: FG's short term assets ($14.5B) do not cover its long term liabilities ($55.5B).
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 increased from 30.4% to 48% over the past 5 years.
Debt Coverage: FG's debt is well covered by operating cash flow (335.7%).
Interest Coverage: FG's interest payments on its debt are well covered by EBIT (4x coverage).