Swiss Re Balance Sheet Health
Financial Health criteria checks 5/6
Swiss Re has a total shareholder equity of $23.0B and total debt of $7.5B, which brings its debt-to-equity ratio to 32.7%. Its total assets and total liabilities are $133.2B and $110.2B respectively. Swiss Re's EBIT is $4.7B making its interest coverage ratio 10.5. It has cash and short-term investments of $4.5B.
Key information
32.7%
Debt to equity ratio
US$7.51b
Debt
| Interest coverage ratio | 10.5x |
| Cash | US$4.52b |
| Equity | US$22.96b |
| Total liabilities | US$110.21b |
| Total assets | US$133.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SSRE.F's short term assets ($12.0B) exceed its short term liabilities ($5.6B).
Long Term Liabilities: SSRE.F's short term assets ($12.0B) do not cover its long term liabilities ($104.6B).
Debt to Equity History and Analysis
Debt Level: SSRE.F's net debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: SSRE.F's debt to equity ratio has reduced from 37.3% to 32.7% over the past 5 years.
Debt Coverage: SSRE.F's debt is well covered by operating cash flow (52.6%).
Interest Coverage: SSRE.F's interest payments on its debt are well covered by EBIT (10.5x coverage).