RenaissanceRe Holdings Balance Sheet Health
Financial Health criteria checks 6/6
RenaissanceRe Holdings has a total shareholder equity of $16.1B and total debt of $1.9B, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are $50.9B and $34.9B respectively. RenaissanceRe Holdings's EBIT is $3.1B making its interest coverage ratio 36.8. It has cash and short-term investments of $27.6B.
Key information
11.7%
Debt to equity ratio
US$1.88b
Debt
| Interest coverage ratio | 36.8x |
| Cash | US$27.56b |
| Equity | US$16.09b |
| Total liabilities | US$34.85b |
| Total assets | US$50.94b |
Recent financial health updates
No updates
Recent updates
Investors Holding Back On RenaissanceRe Holdings Ltd. (NYSE:RNR)
Dec 28
RenaissanceRe: Benefits From A Light Hurricane Season Are Likely Already In The Price
Nov 23RenaissanceRe: The 6.4-6.5% Yielding Preferred Shares Are Still Appealing
Sep 03RenaissanceRe raises quarterly dividend by 2.7% to $0.38/share
Feb 08RenaissanceRe: Seizing Opportunity In Ongoing Insurance 'Hard Market'
Jan 26RenaissanceRe: Grab A 6.4% Dividend Yield With The Preferred Shares
Oct 14RenaissanceRe declares $0.37 dividend; renews stock buyback plan
Aug 02RenaissanceRe Q2 2022 Earnings Preview
Jul 24Financial Position Analysis
Short Term Liabilities: RNR's short term assets ($43.6B) exceed its short term liabilities ($32.4B).
Long Term Liabilities: RNR's short term assets ($43.6B) exceed its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: RNR has more cash than its total debt.
Reducing Debt: RNR's debt to equity ratio has reduced from 15.6% to 11.7% over the past 5 years.
Debt Coverage: RNR's debt is well covered by operating cash flow (114.6%).
Interest Coverage: RNR's interest payments on its debt are well covered by EBIT (36.8x coverage).