Zurich Insurance Group AG (Zurich Insurance Group AG) Debt-to-Equity : 0.62 (As of Dec. 2023)

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What is Zurich Insurance Group AG Debt-to-Equity?

Zurich Insurance Group AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $500 Mil. Zurich Insurance Group AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $14,955 Mil. Zurich Insurance Group AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $24,860 Mil. Zurich Insurance Group AG's debt to equity for the quarter that ended in Dec. 2023 was 0.62.

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 Zurich Insurance Group AG's Debt-to-Equity or its related term are showing as below:

ZFSVF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34 Med: 0.41 Max: 0.62
Current: 0.62

During the past 13 years, the highest Debt-to-Equity Ratio of Zurich Insurance Group AG was 0.62. The lowest was 0.34. And the median was 0.41.

ZFSVF's Debt-to-Equity is ranked worse than
79.32% of 382 companies
in the Insurance industry
Industry Median: 0.25 vs ZFSVF: 0.62

Zurich Insurance Group AG Debt-to-Equity Historical Data

The historical data trend for Zurich Insurance Group AG'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.

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Zurich Insurance Group AG Debt-to-Equity Chart

Zurich Insurance Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.41

0.42

0.53

0.61

0.62

Zurich Insurance Group AG 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															0.53	0.50	0.61	0.60	0.62

Competitive Comparison of Zurich Insurance Group AG's Debt-to-Equity

For the Insurance - Diversified subindustry, Zurich Insurance Group AG'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.

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

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

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

Zurich Insurance Group AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(500	+	14955)	/	24860
	=	0.62

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(500	+	14955)	/	24860
	=	0.62

Zurich Insurance Group AG (OTCPK:ZFSVF) 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.

Zurich Insurance Group AG Debt-to-Equity Related Terms

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Zurich Insurance Group AG (Zurich Insurance Group AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zurich Insurance Group AG (OTCPK:ZFSVF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ZURVY:USA ZURN:Mexico ZURNz:UK 0QP2:UK ZFI1:Germany ZURN:Switzerland

Address

Mythenquai 2, Corporate Center, Zurich, CHE, 8002

Website

https://www.zurich.com

Zurich is a multiline insurer that writes business across both life and non-life insurance and also owns Farmers Management Services. The company was founded in 1872, originally as a marine reinsurer, to provide reinsurance to its parent company. Zurich subsequently expanded into transport and accident insurance and then rode the wave of transport technology innovation that drove rising demand for insurance. One of Zurich's early principles was that setting prices too low would result in unfair claims handling that would be damaging to both customers and Zurich. Over the years Zurich has sought to combine goodwill in claims with a sufficient premium. Zurich is now one of the most successful insurers in Europe.