American International Group (American International Group) Cash-to-Debt

: 0.10 (As of Dec. 2023)

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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. American International Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.10.

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, American International Group 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 American International Group's Cash-to-Debt or its related term are showing as below:

AIG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.08 Max: 0.1
Current: 0.1

During the past 13 years, American International Group's highest Cash to Debt Ratio was 0.10. The lowest was 0.06. And the median was 0.08.

AIG's Cash-to-Debt is ranked worse than
95.23% of 482 companies
in the Insurance industry
Industry Median: 1.87 vs AIG: 0.10

American International Group Cash-to-Debt Historical Data

The historical data trend for American International Group'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.

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American International Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.08

0.07

0.08

0.10

American International Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																0.08	0.07	0.10	0.08	0.10

Competitive Comparison

For the Insurance - Diversified subindustry, American International Group'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.

American International Group Cash-to-Debt Distribution

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

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

American International Group 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.

American International Group'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)
	=	2155	/	(250	+	22137)
	=	0.10

American International Group'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)
	=	2155	/	(250	+	22137)
	=	0.10

American International Group (NYSE:AIG) 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.

American International Group Cash-to-Debt Related Terms

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

American International Group (American International Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » American International Group Inc (NYSE:AIG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

AIGpA.PFD:USA AIG:Mexico AINNd:UK AINN:Germany AINN:Germany AINN:Germany AINN:Germany AIGB34:Brazil AIG:Austria AIG:Argentina

Address

1271 Avenue of the Americas, New York, NY, USA, 10020

Website

https://www.aig.com

American International Group is one of the largest insurance and financial services firms in the world and has a global footprint. It operates through a wide range of subsidiaries that provide property, casualty, and life insurance. The company recently spun off its life insurance operations (Corebridge), but still retains a majority stake.

Executives

Edward Lee Dandridge	officer: EVP, Chief Marketing & Comms	C/O THE BOEING COMPANY, 100 RIVERSIDE PLAZA, MC 5003-1001, CHICAGO IL 60606-1596
Kathleen Carbone	officer: VP & Chief Accounting Officer	1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Vanessa Ames Wittman	director	C/O MARSH & MCLENNAN COMPANIES, INC., 1166 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Diana M Murphy	director	C/O LANDSTAR SYSTEM INC, 13410 SUTTON PARK DR S, JACKSONVILLE FL 32224
Paola Bergamaschi	director	1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Luciana Fato	officer: EVP and General Counsel	AMERICAN INTERNATIONAL GROUP, INC., 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Thomas Allen Bolt	officer: EVP and Chief Risk Officer	C/O AMERICAN INTERNATIONAL GROUP, INC., 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
John G Rice	director	GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
John P Repko	officer: EVP and Chief Info. Officer	AMERICAN INTERNATIONAL GROUP, INC., 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Hunter Constance	officer: EVP, Head of Strategy & ESG	1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Glazer Rose Marie E.	officer: EVP, CHRO & Corp Secretary	1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Kevin T. Hogan	officer: EVP - Life & Retirement	180 MAIDEN LANE, NEW YORK NY 10038
Sabra R. Purtill	officer: EVP and Chief Risk Officer	1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Claude E. Wade	officer: EVP, Hd of Ops & Chief Dig Off	1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Lisa Buckingham	officer: EVP Ent Desgn and L&R Sep	150 N RADNOR CHESTER ROAD, RADNOR PA 19087