Ryan Specialty Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Ryan Specialty Holdings has a total shareholder equity of $979.6M and total debt of $2.0B, which brings its debt-to-equity ratio to 202%. Its total assets and total liabilities are $7.2B and $6.3B respectively. Ryan Specialty Holdings's EBIT is $381.8M making its interest coverage ratio 6.5. It has cash and short-term investments of $838.8M.
Key information
202.0%
Debt to equity ratio
US$1.98b
Debt
| Interest coverage ratio | 6.5x |
| Cash | US$838.79m |
| Equity | US$979.64m |
| Total liabilities | US$6.27b |
| Total assets | US$7.25b |
Recent financial health updates
No updates
Recent updates
Market Participants Recognise Ryan Specialty Holdings, Inc.'s (NYSE:RYAN) Revenues
Dec 26
Ryan Specialty: Growing Bigger In The World Of Specialty Insurance
Dec 21Ryan Specialty Holdings: A Growth Story Without An Appealing Price Though
Aug 21Should You Be Adding Ryan Specialty Holdings (NYSE:RYAN) To Your Watchlist Today?
Jun 13Ryan Specialty agrees to acquire Griffin Underwriting Services
Dec 12Ryan Specialty Holdings Continues Growth As Sector Booms
Aug 17Ryan Specialty Group Non-GAAP EPS of $0.39 beats by $0.04, revenue of $491.3M beats by $31.46M
Aug 11Earnings Miss: Ryan Specialty Group Holdings, Inc. Missed EPS And Analysts Are Revising Their Forecasts
Mar 19Ryan Specialty Group: A Rare Profitable IPO
Jul 25Financial Position Analysis
Short Term Liabilities: RYAN's short term assets ($4.3B) exceed its short term liabilities ($3.7B).
Long Term Liabilities: RYAN's short term assets ($4.3B) exceed its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: RYAN's net debt to equity ratio (116.4%) is considered high.
Reducing Debt: Insufficient data to determine if RYAN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RYAN's debt is well covered by operating cash flow (24.1%).
Interest Coverage: RYAN's interest payments on its debt are well covered by EBIT (6.5x coverage).