Pekin Life Insurance Balance Sheet Health
Financial Health criteria checks 1/6
Pekin Life Insurance has a total shareholder equity of $115.9M and total debt of $39.6M, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are $1.7B and $1.6B respectively.
Key information
34.2%
Debt to equity ratio
US$39.63m
Debt
| Interest coverage ratio | n/a |
| Cash | US$11.82m |
| Equity | US$115.89m |
| Total liabilities | US$1.57b |
| Total assets | US$1.69b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: PKIN's short term assets ($56.9M) do not cover its short term liabilities ($75.9M).
Long Term Liabilities: PKIN's short term assets ($56.9M) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: PKIN's net debt to equity ratio (24%) is considered satisfactory.
Reducing Debt: PKIN's debt to equity ratio has increased from 8.5% to 34.2% over the past 5 years.
Debt Coverage: PKIN's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: Insufficient data to determine if PKIN's interest payments on its debt are well covered by EBIT.