Reinsurance Group of America Balance Sheet Health
Financial Health criteria checks 4/6
Reinsurance Group of America has a total shareholder equity of $11.2B and total debt of $5.1B, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are $120.3B and $109.0B respectively. Reinsurance Group of America's EBIT is $1.2B making its interest coverage ratio 4.2. It has cash and short-term investments of $5.6B.
Key information
45.2%
Debt to equity ratio
US$5.07b
Debt
| Interest coverage ratio | 4.2x |
| Cash | US$5.58b |
| Equity | US$11.22b |
| Total liabilities | US$109.04b |
| Total assets | US$120.26b |
Recent financial health updates
No updates
Recent updates
Reinsurance Group of America, Incorporated's (NYSE:RGA) Shares Not Telling The Full Story
Dec 04
Reinsurance Group of America: Best In Industry But High Valuation
Nov 20Reinsurance Group of America (NYSE:RGA) Has Announced A Dividend Of $0.89
Nov 04Reinsurance Group of America's Rally Can Continue
Sep 17Reinsurance Group of America, Incorporated (NYSE:RGA) Could Be Riskier Than It Looks
Aug 26Recent Dip A Buying Opportunity For Shares Of Reinsurance Group Of America
Aug 10Reinsurance Group of America's (NYSE:RGA) Upcoming Dividend Will Be Larger Than Last Year's
Aug 05If EPS Growth Is Important To You, Reinsurance Group of America (NYSE:RGA) Presents An Opportunity
Jul 24Reinsurance Group Of America: Favorable Tailwinds Can Support A Higher Valuation
May 29Market Still Lacking Some Conviction On Reinsurance Group of America, Incorporated (NYSE:RGA)
May 22With EPS Growth And More, Reinsurance Group of America (NYSE:RGA) Makes An Interesting Case
Apr 08Reinsurance Group of America: May Have An Upside, But It's Probably Slim
Mar 21There's No Escaping Reinsurance Group of America, Incorporated's (NYSE:RGA) Muted Earnings
Feb 01Reinsurance Group of America: Attractively Valued With Potential Life Expectancy Upside
Jan 04Reinsurance Group Of American - Sup-Par Performance Since March, "BUY"
Oct 23Reinsurance Group of America: Undervalued Wealth Compounder
Aug 01Reinsurance Group of America: I'm Extending My Targets For Additional Upside
Feb 21Reinsurance Group of America closes $1.7B longevity swap deal
Dec 15Reinsurance Group of America upped to Outperform at RBC on earnings growth potential
Dec 06Reinsurance Group of America to redeem debentures due 2042
Nov 10Reinsurance Group of America: An Under-The-Radar Outperformer
Oct 04Reinsurance Group of America Non-GAAP EPS of $5.78 beats by $3.00, revenue of $3.89B misses by $140M
Aug 04Reinsurance Group Of America: Still Upside To Be Had
Jun 07Reinsurance Group Of America Could See Upside In An Inflationary Environment
Apr 21Reinsurance Group Of America: Why The Stock Is Still A Buy?
Feb 07Financial Position Analysis
Short Term Liabilities: RGA's short term assets ($15.7B) exceed its short term liabilities ($9.2B).
Long Term Liabilities: RGA's short term assets ($15.7B) do not cover its long term liabilities ($99.8B).
Debt to Equity History and Analysis
Debt Level: RGA has more cash than its total debt.
Reducing Debt: RGA's debt to equity ratio has increased from 34.9% to 45.2% over the past 5 years.
Debt Coverage: RGA's debt is well covered by operating cash flow (177.5%).
Interest Coverage: RGA's interest payments on its debt are well covered by EBIT (4.2x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 01:37 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Reinsurance Group of America, Incorporated is covered by 24 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Eric Berg | Barclays |
| Jay Gelb | Barclays |
| Alex Scott | Barclays |