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Central Reinsurance (TPE:2851) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Central Reinsurance Debt-to-Equity?

Central Reinsurance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$0 Mil. Central Reinsurance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1 Mil. Central Reinsurance's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$20,661 Mil. Central Reinsurance's debt to equity for the quarter that ended in Mar. 2024 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 Central Reinsurance's Debt-to-Equity or its related term are showing as below:

TPE:2851's Debt-to-Equity is not ranked *
in the Insurance industry.
Industry Median: 0.25
* Ranked among companies with meaningful Debt-to-Equity only.

Central Reinsurance Debt-to-Equity Historical Data

The historical data trend for Central Reinsurance'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.

Central Reinsurance Debt-to-Equity Chart

Central Reinsurance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Central Reinsurance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Central Reinsurance's Debt-to-Equity

For the Insurance - Reinsurance subindustry, Central Reinsurance'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.


Central Reinsurance's Debt-to-Equity Distribution in the Insurance Industry

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

* The bar in red indicates where Central Reinsurance's Debt-to-Equity falls into.



Central Reinsurance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Central Reinsurance's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Central Reinsurance's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Central Reinsurance  (TPE:2851) 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.


Central Reinsurance Debt-to-Equity Related Terms

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


Central Reinsurance (TPE:2851) Business Description

Traded in Other Exchanges
N/A
Address
Section 2, Nanjing East Road, 12th Floor, No. 53, Zhongshan District, Taipei, TWN, 10457
Central Reinsurance Corp is an insurance company providing a range of property and life inward and outward reinsurance services. Central Reinsurance offers reinsurance protection on non-life insurance businesses, including fire, marine and aviation, casualty, motor, engineering, and residential earthquake insurance; and life insurance business including life, personal accident, and health insurance. The main source of revenue for the company is premiums and commission income.

Central Reinsurance (TPE:2851) Headlines

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