QBE Insurance Group Limited
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has QBE Insurance Group Limited's balance sheet done over the years? Its assets were worth $42,108,000,000 last year, which is less than in the previous period. 76% of QBE Insurance Group Limited’s total assets is currently financed by debt. Its liabilities reached the amount of $32,155,000,000, which means an decrease by -21% compared compared to last year.
Debt to Assets
| 2014 | 38696920713 | 29.16B | 75.37% |
|---|---|---|---|
| 2015 | 42925993043 | 32.34B | 75.36% |
| 2016 | 41582999999 | 31.24B | 75.15% |
| 2017 | 43688692902 | 34.92B | 79.94% |
| 2018 | 39582000000 | 31.18B | 78.78% |
| 2019 | 40035000000 | 31.88B | 79.64% |
| 2020 | 46624000000 | 3.43B | 7.37% |
| 2021 | 49302999999 | 3.65B | 7.41% |
| 2022 | 49502000000 | 40.51B | 81.84% |
| 2023 | 42108000000 | 32.15B | 76.36% |
QBIEY Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 1.36B | 833M | 819M | 766M | 547M | 863M | 563.29M | 847M | 663.09M | 732.66M |
Short term investments | -15.17B | 11.31B | 10.19B | 7.19B | 4.98B | 3.21B | -122.71M | 7.09B | -180.66M | 11.33B |
Net receivables | 519M | 8.34B | 7.10B | 4.30B | 4.62B | 5.18B | 0 | 4.83B | 3.60B | 4.08B |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | -4.21B | 0 | 4.55B | 0 |
Other current assets | 0 | 0 | 0 | 0 | 0 | 11.52B | 11.75B | 14.55B | 296.49M | 0 |
Total current assets | 1.88B | 9.17B | 7.92B | 5.07B | 5.16B | 17.56B | 11.75B | 20.23B | 8.94B | 4.81B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 383M | 427M | 483M | 550M | 445M | 196M | 271.79M | 257M | 263.43M | 311.29M |
Goodwill | 1.59B | 1.57B | 2.01B | 2.10B | 2.33B | 2.33B | 2.46B | 3.09B | 3.19B | 2.93B |
Intangible assets | 516M | 440M | 433M | 427M | 461M | 467M | 3.03B | 535M | 3.60B | 363.75M |
Long term investments | 17.36B | 16.33B | 18.12B | 20.31B | 19.05B | 19.01B | 2.22B | 17.46B | 1.48B | 12.54B |
Other non-current assets | 21.15B | -18.77B | -21.05B | -23.40B | -22.29B | 0 | 22.99B | 0 | 24.04B | -16.15B |
Total non-current assets | 41.01B | 18.77B | 21.05B | 23.40B | 22.29B | 22.01B | 31.93B | 21.35B | 33.98B | 16.15B |
Total assets | 42.10B | 49.50B | 49.30B | 46.62B | 40.03B | 39.58B | 43.68B | 41.58B | 42.92B | 38.69B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 126.71M | 0 | 0 | 0 | 0 | 0 | 219.60M | 0 | 173.28M | 0 |
Short term debt | 0 | 406M | 0 | 0 | 426.77M | 0 | 7M | 10M | 11M | 0 |
Total current liabilities | 0 | 406M | 0 | 0 | 426.77M | 0 | 23.73B | 10M | 20.77B | 401.58M |
| Non-current liabilities: | ||||||||||
Long term debt | 3.08B | 2.63B | 3.62B | 3.38B | 3.39B | 3.18B | 3.60B | 3.46B | 3.51B | 3.11B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 29.06B | -3.52B | -3.65B | -3.43B | -3.40B | 0 | -3.60B | 0 | -3.51B | -3.11B |
Total non-current liabilities | 32.15B | 406M | 3.65B | 3.43B | 3.40B | 3.20B | 11.18B | 3.57B | 11.57B | 2.83B |
Total liabilities | 32.15B | 40.51B | 3.65B | 3.43B | 31.88B | 31.18B | 34.92B | 31.24B | 32.34B | 29.16B |