Admiral Group Balance Sheet Health
Financial Health criteria checks 4/6
Admiral Group has a total shareholder equity of £1.1B and total debt of £1.2B, which brings its debt-to-equity ratio to 108.4%. Its total assets and total liabilities are £7.7B and £6.6B respectively. Admiral Group's EBIT is £577.7M making its interest coverage ratio 9.8. It has cash and short-term investments of £1.5B.
Key information
108.4%
Debt to equity ratio
UK£1.20b
Debt
| Interest coverage ratio | 9.8x |
| Cash | UK£1.46b |
| Equity | UK£1.11b |
| Total liabilities | UK£6.63b |
| Total assets | UK£7.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMIG.F's short term assets (£3.0B) do not cover its short term liabilities (£5.4B).
Long Term Liabilities: AMIG.F's short term assets (£3.0B) exceed its long term liabilities (£1.2B).
Debt to Equity History and Analysis
Debt Level: AMIG.F has more cash than its total debt.
Reducing Debt: AMIG.F's debt to equity ratio has increased from 58.9% to 108.4% over the past 5 years.
Debt Coverage: AMIG.F's debt is well covered by operating cash flow (35.5%).
Interest Coverage: AMIG.F's interest payments on its debt are well covered by EBIT (9.8x coverage).