Direct Line Insurance Group Balance Sheet Health
Financial Health criteria checks 3/6
Direct Line Insurance Group has a total shareholder equity of £2.4B and total debt of £348.1M, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are £8.4B and £6.0B respectively.
Key information
14.5%
Debt to equity ratio
UK£348.10m
Debt
Interest coverage ratio | n/a |
Cash | UK£1.77b |
Equity | UK£2.40b |
Total liabilities | UK£6.01b |
Total assets | UK£8.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DIIS.F's short term assets (£3.4B) exceed its short term liabilities (£407.1M).
Long Term Liabilities: DIIS.F's short term assets (£3.4B) do not cover its long term liabilities (£5.6B).
Debt to Equity History and Analysis
Debt Level: DIIS.F has more cash than its total debt.
Reducing Debt: DIIS.F's debt to equity ratio has increased from 11.3% to 14.5% over the past 5 years.
Debt Coverage: DIIS.F's debt is well covered by operating cash flow (116.3%).
Interest Coverage: Insufficient data to determine if DIIS.F's interest payments on its debt are well covered by EBIT.