Fidelis Insurance Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Fidelis Insurance Holdings has a total shareholder equity of $2.5B and total debt of $506.8M, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are $11.3B and $8.7B respectively. Fidelis Insurance Holdings's EBIT is $443.1M making its interest coverage ratio 12.5. It has cash and short-term investments of $748.0M.
Key information
20.1%
Debt to equity ratio
US$506.80m
Debt
Interest coverage ratio | 12.5x |
Cash | US$748.00m |
Equity | US$2.52b |
Total liabilities | US$8.75b |
Total assets | US$11.27b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FIHL's short term assets ($6.8B) exceed its short term liabilities ($5.6B).
Long Term Liabilities: FIHL's short term assets ($6.8B) exceed its long term liabilities ($3.2B).
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 (112.8%).
Interest Coverage: FIHL's interest payments on its debt are well covered by EBIT (12.5x coverage).