Fidelis Insurance Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Fidelis Insurance Holdings has a total shareholder equity of $2.6B and total debt of $507.2M, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are $11.7B and $9.1B respectively. Fidelis Insurance Holdings's EBIT is $446.5M making its interest coverage ratio 12.8. It has cash and short-term investments of $940.1M.
Key information
19.3%
Debt to equity ratio
US$507.20m
Debt
| Interest coverage ratio | 12.8x |
| Cash | US$940.10m |
| Equity | US$2.63b |
| Total liabilities | US$9.05b |
| Total assets | US$11.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FIHL's short term assets ($7.0B) exceed its short term liabilities ($5.6B).
Long Term Liabilities: FIHL's short term assets ($7.0B) exceed its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: FIHL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if FIHL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: FIHL's debt is well covered by operating cash flow (135.9%).
Interest Coverage: FIHL's interest payments on its debt are well covered by EBIT (12.8x coverage).