Sagicor Financial Balance Sheet Health
Financial Health criteria checks 2/6
Sagicor Financial has a total shareholder equity of $1.3B and total debt of $2.8B, which brings its debt-to-equity ratio to 212.9%. Its total assets and total liabilities are $22.4B and $21.1B respectively. Sagicor Financial's EBIT is $409.8M making its interest coverage ratio 2.6. It has cash and short-term investments of $14.1B.
Key information
212.9%
Debt to equity ratio
US$2.83b
Debt
Interest coverage ratio | 2.6x |
Cash | US$14.14b |
Equity | US$1.33b |
Total liabilities | US$21.06b |
Total assets | US$22.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SGCF.F's short term assets ($14.6B) exceed its short term liabilities ($2.1B).
Long Term Liabilities: SGCF.F's short term assets ($14.6B) do not cover its long term liabilities ($18.9B).
Debt to Equity History and Analysis
Debt Level: SGCF.F has more cash than its total debt.
Reducing Debt: SGCF.F's debt to equity ratio has increased from 121.3% to 212.9% over the past 5 years.
Debt Coverage: SGCF.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SGCF.F's interest payments on its debt are not well covered by EBIT (2.6x coverage).