Talanx Balance Sheet Health
Financial Health criteria checks 4/6
Talanx has a total shareholder equity of €13.8B and total debt of €6.8B, which brings its debt-to-equity ratio to 49%. Its total assets and total liabilities are €196.0B and €182.1B respectively. Talanx's EBIT is €2.6B making its interest coverage ratio 19.8. It has cash and short-term investments of €4.4B.
Key information
49.0%
Debt to equity ratio
€6.78b
Debt
| Interest coverage ratio | 19.8x |
| Cash | €4.44b |
| Equity | €13.84b |
| Total liabilities | €182.11b |
| Total assets | €195.95b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TLLX.Y's short term assets (€28.3B) exceed its short term liabilities (€21.7B).
Long Term Liabilities: TLLX.Y's short term assets (€28.3B) do not cover its long term liabilities (€160.4B).
Debt to Equity History and Analysis
Debt Level: TLLX.Y's net debt to equity ratio (17%) is considered satisfactory.
Reducing Debt: TLLX.Y's debt to equity ratio has increased from 23.9% to 49% over the past 5 years.
Debt Coverage: TLLX.Y's debt is well covered by operating cash flow (91.2%).
Interest Coverage: TLLX.Y's interest payments on its debt are well covered by EBIT (19.8x coverage).