Hamilton Insurance Group Balance Sheet Health
Financial Health criteria checks 5/6
Hamilton Insurance Group has a total shareholder equity of $2.3B and total debt of $149.9M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are $7.3B and $5.1B respectively. Hamilton Insurance Group's EBIT is $506.4M making its interest coverage ratio 23.4. It has cash and short-term investments of $1.4B.
Key information
6.6%
Debt to equity ratio
US$149.86m
Debt
Interest coverage ratio | 23.4x |
Cash | US$1.44b |
Equity | US$2.26b |
Total liabilities | US$5.08b |
Total assets | US$7.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HG's short term assets ($4.0B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: HG's short term assets ($4.0B) exceed its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: HG has more cash than its total debt.
Reducing Debt: Insufficient data to determine if HG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HG's debt is well covered by operating cash flow (286.4%).
Interest Coverage: HG's interest payments on its debt are well covered by EBIT (23.4x coverage).