Hannover Rueck SE (Hannover Rueck SE) Debt-to-Equity : 0.48 (As of Dec. 2023)

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What is Hannover Rueck SE Debt-to-Equity?

Hannover Rueck SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Hannover Rueck SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5,317 Mil. Hannover Rueck SE's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $11,043 Mil. Hannover Rueck SE's debt to equity for the quarter that ended in Dec. 2023 was 0.48.

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 Hannover Rueck SE's Debt-to-Equity or its related term are showing as below:

HVRRY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.31 Max: 0.61
Current: 0.48

During the past 13 years, the highest Debt-to-Equity Ratio of Hannover Rueck SE was 0.61. The lowest was 0.20. And the median was 0.31.

HVRRY's Debt-to-Equity is ranked worse than
72.51% of 382 companies
in the Insurance industry
Industry Median: 0.24 vs HVRRY: 0.48

Hannover Rueck SE Debt-to-Equity Historical Data

The historical data trend for Hannover Rueck SE'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.

Hannover Rueck SE Debt-to-Equity Chart

Hannover Rueck SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.33

0.31

0.43

0.61

0.48

Hannover Rueck SE 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															0.61	-	-	-	0.48

Competitive Comparison of Hannover Rueck SE's Debt-to-Equity

For the Insurance - Reinsurance subindustry, Hannover Rueck SE'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.

Hannover Rueck SE's Debt-to-Equity Distribution in the Insurance Industry

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

* The bar in red indicates where Hannover Rueck SE's Debt-to-Equity falls into.

Hannover Rueck SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hannover Rueck SE'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	+	5316.685)	/	11043.402
	=	0.48

Hannover Rueck SE'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	+	5316.685)	/	11043.402
	=	0.48

Hannover Rueck SE (OTCPK:HVRRY) 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.

Hannover Rueck SE Debt-to-Equity Related Terms

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Hannover Rueck SE (Hannover Rueck SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hannover Rueck SE (OTCPK:HVRRY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HNR1d:UK 0M9A:UK HNR1:Germany HNR1:Austria

Address

Karl-Wiechert-Allee 50, Hannover, NI, DEU, 30625

Website

https://www.hannover-re.com

Hannover Re is a reinsurance company headquartered in Hannover, Germany. Its roots go back to the 1920s when, in conjunction with the Gerling Group, Haftplichtverband founded Eisen- und Stahl to provide reinsurance services. In the 1960s ownership of the business was turned over to Haftplichtverband and Aktiengesellschaft fur Transport und- Ruckversichering was founded. This was the basis of Hannover Re. The business expanded into life and health reinsurance in the 1990s, and over the next 30 years expanded beyond its core domestic market of Germany to write business internationally. Hannover sold its commercial specialty insurance business to Talanx on Jan. 1, 2019. Hannover was listed in the '90s on the Frankfurt Stock Exchange.