Suncorp Group Balance Sheet Health
Financial Health criteria checks 1/6
Suncorp Group has a total shareholder equity of A$13.8B and total debt of A$26.7B, which brings its debt-to-equity ratio to 194.3%. Its total assets and total liabilities are A$108.8B and A$95.1B respectively. Suncorp Group's EBIT is A$4.5B making its interest coverage ratio 1.6. It has cash and short-term investments of A$7.1B.
Key information
194.3%
Debt to equity ratio
AU$26.73b
Debt
Interest coverage ratio | 1.6x |
Cash | AU$7.10b |
Equity | AU$13.76b |
Total liabilities | AU$95.05b |
Total assets | AU$108.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNMC.Y's short term assets (A$9.5B) exceed its short term liabilities (A$568.0M).
Long Term Liabilities: SNMC.Y's short term assets (A$9.5B) do not cover its long term liabilities (A$94.5B).
Debt to Equity History and Analysis
Debt Level: SNMC.Y's net debt to equity ratio (142.7%) is considered high.
Reducing Debt: SNMC.Y's debt to equity ratio has increased from 181.9% to 194.3% over the past 5 years.
Debt Coverage: SNMC.Y's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SNMC.Y's interest payments on its debt are not well covered by EBIT (1.6x coverage).