SiriusPoint Balance Sheet Health
Financial Health criteria checks 5/6
SiriusPoint has a total shareholder equity of $2.6B and total debt of $770.6M, which brings its debt-to-equity ratio to 29.4%. Its total assets and total liabilities are $13.1B and $10.5B respectively. SiriusPoint's EBIT is $386.4M making its interest coverage ratio 5.4. It has cash and short-term investments of $1.6B.
Key information
29.4%
Debt to equity ratio
US$770.60m
Debt
| Interest coverage ratio | 5.4x |
| Cash | US$1.61b |
| Equity | US$2.62b |
| Total liabilities | US$10.52b |
| Total assets | US$13.14b |
Recent financial health updates
No updates
Recent updates
Investors Holding Back On SiriusPoint Ltd. (NYSE:SPNT)
May 08
Tracking Dan Loeb's Third Point Portfolio - Q4 2023 Update
Mar 06SiriusPoint Ltd. (NYSE:SPNT) Could Be Riskier Than It Looks
Jan 23Revisiting SiriusPoint Common And Preferred
Jan 22SiriusPoint Offers Extremely Undervalued 9.3% Bond And An Excellent Preferred Stock
Sep 25SiriusPoint GAAP EPS of -$0.17, revenue of $673.6M
Feb 23SiriusPoint appoints Steve Yendall as CFO
Oct 12Scott Egan is the new CEO of SiriusPoint
Sep 07SiriusPoint GAAP EPS of -$0.38, revenue of $473.1M
Aug 03Bargain 8% Preferred Stock With Best Protection Against Rising Interest Rates: SiriusPoint
Jul 21Tracking Dan Loeb's Third Point Portfolio - Q1 2021 Update
Jun 01Franklin Montross Is The Director of SiriusPoint Ltd. (NYSE:SPNT) And They Just Picked Up 42% More Shares
Mar 17Have Insiders Been Buying Third Point Reinsurance Ltd. (NYSE:TPRE) Shares?
Mar 02Third Point Reinsurance's (NYSE:TPRE) Stock Price Has Reduced 32% In The Past Three Years
Feb 02What Is The Ownership Structure Like For Third Point Reinsurance Ltd. (NYSE:TPRE)?
Dec 08Third Pont Re gets shareholder approvals for Sirius Group merger
Nov 24Financial Position Analysis
Short Term Liabilities: SPNT's short term assets ($6.8B) exceed its short term liabilities ($3.9B).
Long Term Liabilities: SPNT's short term assets ($6.8B) exceed its long term liabilities ($6.6B).
Debt to Equity History and Analysis
Debt Level: SPNT has more cash than its total debt.
Reducing Debt: SPNT's debt to equity ratio has increased from 8.5% to 29.4% over the past 5 years.
Debt Coverage: SPNT's debt is well covered by operating cash flow (70.5%).
Interest Coverage: SPNT's interest payments on its debt are well covered by EBIT (5.4x coverage).