Ping An Insurance (Group) Co. of China (Ping An Insurance (Group) Co. of China) Debt-to-Revenue : 1.70 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Ping An Insurance (Group) Co. of China Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Ping An Insurance (Group) Co. of China's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $12,989 Mil. Ping An Insurance (Group) Co. of China's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $193,872 Mil. Ping An Insurance (Group) Co. of China's annualized Revenue for the quarter that ended in Mar. 2024 was $121,497 Mil. Ping An Insurance (Group) Co. of China's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 1.70.

Ping An Insurance (Group) Co. of China Debt-to-Revenue Historical Data

The historical data trend for Ping An Insurance (Group) Co. of China's Debt-to-Revenue 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.

Ping An Insurance (Group) Co. of China Debt-to-Revenue Chart

Ping An Insurance (Group) Co. of China Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Revenue

Get a 7-Day Free Trial

1.12

1.30

1.50

1.94

1.86

Ping An Insurance (Group) Co. of China Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Revenue	Get a 7-Day Free Trial															1.50	1.72	1.86	2.04	1.70

Competitive Comparison of Ping An Insurance (Group) Co. of China's Debt-to-Revenue

For the Insurance - Life subindustry, Ping An Insurance (Group) Co. of China's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.

Ping An Insurance (Group) Co. of China's Debt-to-Revenue Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Ping An Insurance (Group) Co. of China's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Ping An Insurance (Group) Co. of China's Debt-to-Revenue falls into.

Ping An Insurance (Group) Co. of China Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Ping An Insurance (Group) Co. of China's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(13069.942	+	195342.848)	/	112330.467
	=	1.86

Ping An Insurance (Group) Co. of China's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(12989.099	+	193872.249)	/	121497.464
	=	1.70

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.

Ping An Insurance (Group) Co. of China Debt-to-Revenue Related Terms

Thank you for viewing the detailed overview of Ping An Insurance (Group) Co. of China's Debt-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Ping An Insurance (Group) Co. of China (Ping An Insurance (Group) Co. of China) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Ping An Insurance (Group) Co. of China Ltd (OTCPK:PIAIF) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

PNGAY:USA 02318:Hong Kong PZX:Germany 601318:China PZX:Austria

Address

No. 5033 Yitian Road, Ping An Finance Center, 47th, 48th, 109th, 110th, 111th and 112th Floors, Futian District, Guangdong Province, Shenzhen, CHN, 518033

Website

https://www.pingan.cn

Founded in 1988, Ping An Insurance is an integrated financial service provider headquartered in Shenzhen. The company has a focus on the offerings of healthcare services and integrated financial products. Ping An is China's second-largest life and P&C insurer. The company strives for an integrated financial services platform comprising life insurance, P&C insurance, banking, other financial services, and technology. These business segments contributed 65%, 5%, 26%, 2%, and 4% of the company's operating profits, respectively, in 2022.