Aegon (AEG) Cash-to-Debt

: 0.83 (As of Dec. 2023)

View and export this data going back to 1985. Start your Free Trial

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Aegon's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.83.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Aegon couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Aegon's Cash-to-Debt or its related term are showing as below:

AEG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.51 Med: 0.71 Max: 1.05
Current: 0.83

During the past 13 years, Aegon's highest Cash to Debt Ratio was 1.05. The lowest was 0.51. And the median was 0.71.

AEG's Cash-to-Debt is ranked worse than
66.8% of 482 companies
in the Insurance industry
Industry Median: 1.83 vs AEG: 0.83

Aegon Cash-to-Debt Historical Data

The historical data trend for Aegon's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Aegon Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.05

0.76

0.57

0.51

0.83

Aegon Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.57	0.67	0.51	0.70	0.83

Competitive Comparison

For the Insurance - Diversified subindustry, Aegon's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Aegon Cash-to-Debt Distribution

For the Insurance industry and Financial Services sector, Aegon's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Aegon's Cash-to-Debt falls into.

Aegon Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Aegon's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	4442.748	/	(0	+	5360.96)
	=	0.83

Aegon's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	4442.748	/	(0	+	5360.96)
	=	0.83

Aegon (NYSE:AEG) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Aegon Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Aegon's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Aegon (AEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Aegon Ltd (NYSE:AEG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

AEGOF:USA AGN:Netherlands AGNa:UK 0Q0Y:UK J06:Germany J060:Germany J060:Germany J06:Germany J060:Germany AEGN:Austria AEG:Argentina

Address

Aegonplein 50, P.O. Box 85, The Hague, ZH, NLD, 2591 TV

Website

https://www.aegon.com

Aegon Ltd is a life insurance and long-term savings company listed in the Netherlands. It listed on the Amsterdam Stock Exchange in the 1980s and now has mature operations in the United States, United Kingdom, and four growth markets of Brazil, China, Portugal, and Spain. Over recent years, Aegon has been moving through a substantial transformation program where management has sought to divest noncore operations and improve the risk profile of the business by separating the company into strategic and financial assets. Financial assets are the parts of the business that are now being run down. Here, Aegon is looking to cycle out of highly capital-consumptive and volatile earnings products and recycle funds into capital-light and more predictable strategic business groups.