GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » QBE Insurance Group Ltd (OTCPK:QBIEY) » Definitions » Debt-to-Equity

QBE Insurance Group (QBE Insurance Group) Debt-to-Equity : 0.31 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is QBE Insurance Group Debt-to-Equity?

QBE Insurance Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. QBE Insurance Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,087 Mil. QBE Insurance Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $9,953 Mil. QBE Insurance Group's debt to equity for the quarter that ended in Dec. 2023 was 0.31.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for QBE Insurance Group's Debt-to-Equity or its related term are showing as below:

QBIEY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31   Med: 0.36   Max: 0.42
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of QBE Insurance Group was 0.42. The lowest was 0.31. And the median was 0.36.

QBIEY's Debt-to-Equity is ranked worse than
57.07% of 382 companies
in the Insurance industry
Industry Median: 0.25 vs QBIEY: 0.31

QBE Insurance Group Debt-to-Equity Historical Data

The historical data trend for QBE Insurance Group's Debt-to-Equity 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.

* Premium members only.

QBE Insurance Group Debt-to-Equity Chart

QBE Insurance Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.40 0.41 0.34 0.31

QBE Insurance Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.41 0.36 0.34 0.36 0.31

Competitive Comparison of QBE Insurance Group's Debt-to-Equity

For the Insurance - Property & Casualty subindustry, QBE Insurance Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


QBE Insurance Group's Debt-to-Equity Distribution in the Insurance Industry

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

* The bar in red indicates where QBE Insurance Group's Debt-to-Equity falls into.



QBE Insurance Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

QBE Insurance Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

QBE Insurance Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


QBE Insurance Group  (OTCPK:QBIEY) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


QBE Insurance Group Debt-to-Equity Related Terms

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


QBE Insurance Group (QBE Insurance Group) Business Description

Traded in Other Exchanges
Address
388 George Street, Level 18, Sydney, NSW, AUS, 2000
QBE Insurance is an international property and casualty insurance company. It writes around 20% of its annual gross written premiums in its home region of Australia and New Zealand. Other key regions include North America and Europe. QBE Insurance offers a number of personal, commercial, and specialty lines, including property, auto insurance, agriculture, public/product liability, professional indemnity, workers compensation, marine, energy and aviation, and accident and health.