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Hamilton Insurance Group (Hamilton Insurance Group) Debt-to-Equity : 0.07 (As of Dec. 2023)


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What is Hamilton Insurance Group Debt-to-Equity?

Hamilton Insurance Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Hamilton Insurance Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $150 Mil. Hamilton Insurance Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,048 Mil. Hamilton Insurance Group's debt to equity for the quarter that ended in Dec. 2023 was 0.07.

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

HG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.08   Max: 0.09
Current: 0.07

During the past 4 years, the highest Debt-to-Equity Ratio of Hamilton Insurance Group was 0.09. The lowest was 0.07. And the median was 0.08.

HG's Debt-to-Equity is ranked better than
75.13% of 386 companies
in the Insurance industry
Industry Median: 0.23 vs HG: 0.07

Hamilton Insurance Group Debt-to-Equity Historical Data

The historical data trend for Hamilton 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.

Hamilton Insurance Group Debt-to-Equity Chart

Hamilton Insurance Group Annual Data
Trend Nov20 Nov21 Dec22 Dec23
Debt-to-Equity
N/A 0.08 0.09 0.07

Hamilton Insurance Group Quarterly Data
Nov20 Nov21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only 0.09 0.09 0.09 0.08 0.07

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

For the Insurance - Reinsurance subindustry, Hamilton 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.

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

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

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


Hamilton Insurance Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hamilton Insurance Group'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
=(0 + 149.83) / 2047.85
=0.07

Hamilton Insurance Group'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 + 149.83) / 2047.85
=0.07

* 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.

Hamilton Insurance Group  (NYSE:HG) 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.

Hamilton Insurance Group Debt-to-Equity Related Terms

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

Hamilton Insurance Group (Hamilton Insurance Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hamilton Insurance Group Ltd (NYSE:HG) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
QN0:Germany
Address
90 Pitts Bay Road, Wellesley House North, 1st Floor, Pembroke, BMU, HM 08
Website
https://www.hamiltongroup.com
Hamilton Insurance Group Ltd is a Global specialty insurance and reinsurance company. It operates globally, with underwriting operations in Lloyd's, Ireland, Bermuda, and the United States. It operates three principal underwriting platforms (Hamilton Global Specialty, Hamilton Select and Hamilton Re) that are categorized into two reporting business segments (International and Bermuda).