MetLife Balance Sheet Health
Financial Health criteria checks 4/6
MetLife has a total shareholder equity of $28.8B and total debt of $40.5B, which brings its debt-to-equity ratio to 140.6%. Its total assets and total liabilities are $677.6B and $648.8B respectively. MetLife's EBIT is $4.0B making its interest coverage ratio 3.8. It has cash and short-term investments of $28.0B.
Key information
140.6%
Debt to equity ratio
US$40.49b
Debt
Interest coverage ratio | 3.8x |
Cash | US$27.99b |
Equity | US$28.80b |
Total liabilities | US$648.78b |
Total assets | US$677.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MET.PRF's short term assets ($70.5B) exceed its short term liabilities ($46.1B).
Long Term Liabilities: MET.PRF's short term assets ($70.5B) do not cover its long term liabilities ($602.6B).
Debt to Equity History and Analysis
Debt Level: MET.PRF's net debt to equity ratio (43.4%) is considered high.
Reducing Debt: MET.PRF's debt to equity ratio has reduced from 161.1% to 140.6% over the past 5 years.
Debt Coverage: MET.PRF's debt is well covered by operating cash flow (34.6%).
Interest Coverage: MET.PRF's interest payments on its debt are well covered by EBIT (3.8x coverage).