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
Financial Position Analysis
Short Term Liabilities: RZB's short term assets ($15.9B) exceed its short term liabilities ($9.2B).
Long Term Liabilities: RZB's short term assets ($15.9B) do not cover its long term liabilities ($99.9B).
Debt to Equity History and Analysis
Debt Level: RZB has more cash than its total debt.
Reducing Debt: RZB's debt to equity ratio has increased from 34.9% to 45.2% over the past 5 years.
Debt Coverage: RZB's debt is well covered by operating cash flow (177.5%).
Interest Coverage: RZB's interest payments on its debt are well covered by EBIT (4.2x coverage).