SiriusPoint Balance Sheet Health
Financial Health criteria checks 4/6
SiriusPoint has a total shareholder equity of $2.7B and total debt of $660.5M, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are $12.7B and $10.0B respectively. SiriusPoint's EBIT is $319.7M making its interest coverage ratio 4.6. It has cash and short-term investments of $926.3M.
Key information
24.5%
Debt to equity ratio
US$660.50m
Debt
| Interest coverage ratio | 4.6x |
| Cash | US$926.30m |
| Equity | US$2.70b |
| Total liabilities | US$9.99b |
| Total assets | US$12.68b |
Recent financial health updates
No updates
Recent updates
Not Many Are Piling Into SiriusPoint Ltd. (NYSE:SPNT) Just Yet
Aug 26
Investors Holding Back On SiriusPoint Ltd. (NYSE:SPNT)
May 08Tracking 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 ($5.9B) do not cover its short term liabilities ($9.2B).
Long Term Liabilities: SPNT's short term assets ($5.9B) exceed its long term liabilities ($822.9M).
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 8.2% to 24.5% over the past 5 years.
Debt Coverage: SPNT's debt is well covered by operating cash flow (27.3%).
Interest Coverage: SPNT's interest payments on its debt are well covered by EBIT (4.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 04:43 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
SiriusPoint Ltd. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jay Cohen | BofA Global Research |
| Michael Zaremski | Credit Suisse |
| Meyer Shields | Keefe, Bruyette, & Woods |