Zurich Insurance Group Balance Sheet Health
Financial Health criteria checks 3/6
Zurich Insurance Group has a total shareholder equity of $26.3B and total debt of $14.5B, which brings its debt-to-equity ratio to 55.3%. Its total assets and total liabilities are $361.4B and $335.1B respectively. Zurich Insurance Group's EBIT is $18.0B making its interest coverage ratio 1.6. It has cash and short-term investments of $30.8B.
Key information
55.3%
Debt to equity ratio
US$14.55b
Debt
Interest coverage ratio | 1.6x |
Cash | US$30.77b |
Equity | US$26.28b |
Total liabilities | US$335.10b |
Total assets | US$361.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZURV.Y's short term assets ($83.6B) exceed its short term liabilities ($34.2B).
Long Term Liabilities: ZURV.Y's short term assets ($83.6B) do not cover its long term liabilities ($300.9B).
Debt to Equity History and Analysis
Debt Level: ZURV.Y has more cash than its total debt.
Reducing Debt: ZURV.Y's debt to equity ratio has increased from 42.1% to 55.3% over the past 5 years.
Debt Coverage: ZURV.Y's debt is well covered by operating cash flow (50.5%).
Interest Coverage: ZURV.Y's interest payments on its debt are not well covered by EBIT (1.6x coverage).