Assurant Balance Sheet Health
Financial Health criteria checks 5/6
Assurant has a total shareholder equity of $4.9B and total debt of $2.1B, which brings its debt-to-equity ratio to 42.3%. Its total assets and total liabilities are $33.2B and $28.3B respectively. Assurant's EBIT is $1.1B making its interest coverage ratio 10.1. It has cash and short-term investments of $1.5B.
Key information
42.3%
Debt to equity ratio
US$2.08b
Debt
| Interest coverage ratio | 10.1x |
| Cash | US$1.47b |
| Equity | US$4.92b |
| Total liabilities | US$28.31b |
| Total assets | US$33.23b |
Recent financial health updates
No updates
Recent updates
Assurant, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 09
Assurant, Inc.'s (NYSE:AIZ) Subdued P/E Might Signal An Opportunity
Apr 29Assurant: My Peter Lynch Story, But The Stock Is A Hold
Jan 11Assurant's (NYSE:AIZ) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 17Assurant: Rapid Growth And An Improving Portfolio
Oct 23Assurant Remains Cheaply Valued, Even After Its Rally
Sep 20Assurant: Growth And Sticky Rate Hikes Reduce Upside, Downgrade To Hold
Jun 28Assurant Q4 2022 Earnings Preview
Feb 06Assurant declares $0.70 dividend
Jan 19Assurant Is Trading At A Nearly 5-Year Low Valuation Level
Jan 10Assurant announces cost-cutting plan, expects $55M in annual run rate savings by 2024-end
Dec 13Assurant's (NYSE:AIZ) Upcoming Dividend Will Be Larger Than Last Year's
Nov 14Assurant Non-GAAP EPS of $1.01 beats by $0.01, revenue of $2.55B misses by $50M
Nov 01Assurant Has Become Undervalued
Oct 04Assurant and T-Mobile enter a multi-year agreement for device protection solutions
Sep 26Assurant Non-GAAP EPS of $2.95 misses by $0.23, revenue of $2.51B misses by $120M
Aug 02Assurant Likely To Remain A Safe Haven In The Ongoing Bear Market
Jul 10I Ran A Stock Scan For Earnings Growth And Assurant (NYSE:AIZ) Passed With Ease
Jun 13Do Assurant's (NYSE:AIZ) Earnings Warrant Your Attention?
Mar 15Do Not Sell Assurant, Despite Its Rally This Year
Jul 02Assurant acquires remaining shares of Olivar, terms undisclosed
Jun 16Financial Position Analysis
Short Term Liabilities: AIZ's short term assets ($10.2B) do not cover its short term liabilities ($25.6B).
Long Term Liabilities: AIZ's short term assets ($10.2B) exceed its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: AIZ's net debt to equity ratio (12.3%) is considered satisfactory.
Reducing Debt: AIZ's debt to equity ratio has reduced from 66% to 42.3% over the past 5 years.
Debt Coverage: AIZ's debt is well covered by operating cash flow (46.2%).
Interest Coverage: AIZ's interest payments on its debt are well covered by EBIT (10.1x coverage).