ageas Balance Sheet Health
Financial Health criteria checks 3/6
ageas has a total shareholder equity of €8.5B and total debt of €6.1B, which brings its debt-to-equity ratio to 71.5%. Its total assets and total liabilities are €96.8B and €88.2B respectively. ageas's EBIT is €971.0M making its interest coverage ratio 3.9. It has cash and short-term investments of €23.7B.
Key information
71.5%
Debt to equity ratio
€6.11b
Debt
| Interest coverage ratio | 3.9x |
| Cash | €23.68b |
| Equity | €8.54b |
| Total liabilities | €88.25b |
| Total assets | €96.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGES.Y's short term assets (€26.8B) exceed its short term liabilities (€5.2B).
Long Term Liabilities: AGES.Y's short term assets (€26.8B) do not cover its long term liabilities (€83.1B).
Debt to Equity History and Analysis
Debt Level: AGES.Y has more cash than its total debt.
Reducing Debt: AGES.Y's debt to equity ratio has increased from 35.9% to 71.5% over the past 5 years.
Debt Coverage: AGES.Y's debt is not well covered by operating cash flow (12%).
Interest Coverage: AGES.Y's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 08:23 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/06/30 |
| 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
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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
ageas SA/NV is covered by 35 analysts. 9 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 |
|---|---|
| Cor Kluis | ABN AMRO Bank N.V. |
| Pierre-Yves Gauthier | AlphaValue |
| Alessia Magni | Barclays |