ICICI Lombard General Insurance Co (BOM:540716) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is ICICI Lombard General Insurance Co Debt-to-Equity?

ICICI Lombard General Insurance Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil. ICICI Lombard General Insurance Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹350 Mil. ICICI Lombard General Insurance Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹116,973 Mil. ICICI Lombard General Insurance Co's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 ICICI Lombard General Insurance Co's Debt-to-Equity or its related term are showing as below:

During the past 11 years, the highest Debt-to-Equity Ratio of ICICI Lombard General Insurance Co was 0.19. The lowest was 0.00. And the median was 0.07.

BOM:540716's Debt-to-Equity is not ranked ^*
in the Insurance industry.
Industry Median: 0.25
* Ranked among companies with meaningful Debt-to-Equity only.

ICICI Lombard General Insurance Co Debt-to-Equity Historical Data

The historical data trend for ICICI Lombard General Insurance Co'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.

ICICI Lombard General Insurance Co Debt-to-Equity Chart

ICICI Lombard General Insurance Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.11

0.10

0.07

0.04

0.01

ICICI Lombard General Insurance Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-	0.01	-	-	-

Competitive Comparison of ICICI Lombard General Insurance Co's Debt-to-Equity

For the Insurance - Diversified subindustry, ICICI Lombard General Insurance Co'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.

ICICI Lombard General Insurance Co's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, ICICI Lombard General Insurance Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where ICICI Lombard General Insurance Co's Debt-to-Equity falls into.

ICICI Lombard General Insurance Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ICICI Lombard General Insurance Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(850.845	+	350)	/	104439.435
	=	0.01

ICICI Lombard General Insurance Co'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
	=	(0	+	350)	/	116973.4
	=	0.00

ICICI Lombard General Insurance Co (BOM:540716) 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.

ICICI Lombard General Insurance Co Debt-to-Equity Related Terms

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ICICI Lombard General Insurance Co (BOM:540716) Business Description

Industry

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ICICIGI:India

Address

414, Veer Savarkar Marg, ICICI Lombard House, Near Siddhivinayak Temple, Prabhadevi, Mumbai, MH, IND, 400 025

Website

https://www.icicilombard.com

ICICI Lombard General Insurance Co Ltd is a general insurance company. Its business activities include Fire; Engineering; Marine and Liability. The company products include Motor Insurance; Car Insurance; Two Wheeler Insurance; Health Insurance; Complete Health Insurance; Health Booster; Personal Accident Insurance; International Travel Insurance; Home Insurance; Marine Insurance; NRI Insurance Services; Business Insurance; Third Party Insurance; Crop Insurance and Rural Insurance. Geographically, it operates only in India.

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