AIA Group Balance Sheet Health
Financial Health criteria checks 4/6
AIA Group has a total shareholder equity of $39.7B and total debt of $15.3B, which brings its debt-to-equity ratio to 38.6%. Its total assets and total liabilities are $289.2B and $249.6B respectively. AIA Group's EBIT is $6.1B making its interest coverage ratio 11.3. It has cash and short-term investments of $9.0B.
Key information
38.6%
Debt to equity ratio
US$15.32b
Debt
| Interest coverage ratio | 11.3x |
| Cash | US$9.04b |
| Equity | US$39.67b |
| Total liabilities | US$249.58b |
| Total assets | US$289.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AAGI.Y's short term assets ($17.4B) exceed its short term liabilities ($3.7B).
Long Term Liabilities: AAGI.Y's short term assets ($17.4B) do not cover its long term liabilities ($245.9B).
Debt to Equity History and Analysis
Debt Level: AAGI.Y's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: AAGI.Y's debt to equity ratio has increased from 16.8% to 38.6% over the past 5 years.
Debt Coverage: AAGI.Y's debt is well covered by operating cash flow (61.7%).
Interest Coverage: AAGI.Y's interest payments on its debt are well covered by EBIT (11.3x coverage).