RenaissanceRe Holdings Balance Sheet Health
Financial Health criteria checks 6/6
RenaissanceRe Holdings has a total shareholder equity of $18.1B and total debt of $2.0B, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are $52.8B and $34.7B respectively. RenaissanceRe Holdings's EBIT is $4.7B making its interest coverage ratio 50.6. It has cash and short-term investments of $30.2B.
Key information
10.8%
Debt to equity ratio
US$1.95b
Debt
| Interest coverage ratio | 50.6x |
| Cash | US$30.17b |
| Equity | US$18.10b |
| Total liabilities | US$34.65b |
| Total assets | US$52.76b |
Recent financial health updates
No updates
Recent updates
Investors Appear Satisfied With RenaissanceRe Holdings Ltd.'s (NYSE:RNR) Prospects
Oct 08
Do RenaissanceRe Holdings' (NYSE:RNR) Earnings Warrant Your Attention?
Sep 12RenaissanceRe Holdings Ltd. (NYSE:RNR) Might Not Be As Mispriced As It Looks
Jun 06RenaissanceRe: A Series Of Preferred Shares Still Offers A 6.1% Yield
May 22Investors Holding Back On RenaissanceRe Holdings Ltd. (NYSE:RNR)
Dec 28RenaissanceRe: 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 03Financial Position Analysis
Short Term Liabilities: RNR's short term assets ($45.0B) exceed its short term liabilities ($32.2B).
Long Term Liabilities: RNR's short term assets ($45.0B) exceed its long term liabilities ($2.5B).
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 15.9% to 10.8% over the past 5 years.
Debt Coverage: RNR's debt is well covered by operating cash flow (199.7%).
Interest Coverage: RNR's interest payments on its debt are well covered by EBIT (50.6x coverage).