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Zurich Insurance Group AG (Zurich Insurance Group AG) Debt-to-Revenue : 0.24 (As of Dec. 2023)


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What is Zurich Insurance Group AG Debt-to-Revenue?

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

Zurich Insurance Group AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $500 Mil. Zurich Insurance Group AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $14,955 Mil. Zurich Insurance Group AG's annualized Revenue for the quarter that ended in Dec. 2023 was $63,430 Mil. Zurich Insurance Group AG's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.24.


Zurich Insurance Group AG Debt-to-Revenue Historical Data

The historical data trend for Zurich Insurance Group AG'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.

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Zurich Insurance Group AG Debt-to-Revenue Chart

Zurich Insurance Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.27 0.22 0.43 0.22

Zurich Insurance Group AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 0.54 0.33 0.19 0.24

Competitive Comparison of Zurich Insurance Group AG's Debt-to-Revenue

For the Insurance - Diversified subindustry, Zurich Insurance Group AG'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.


Zurich Insurance Group AG's Debt-to-Revenue Distribution in the Insurance Industry

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

* The bar in red indicates where Zurich Insurance Group AG's Debt-to-Revenue falls into.



Zurich Insurance Group AG Debt-to-Revenue Calculation

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

Zurich Insurance Group AG'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
=(500 + 14955) / 69963
=0.22

Zurich Insurance Group AG's annualized Debt-to-Revenue for the quarter 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
=(500 + 14955) / 63430
=0.24

* 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.

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 two times the quarterly (Dec. 2023) Revenue data.


Zurich Insurance Group AG Debt-to-Revenue Related Terms

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Zurich Insurance Group AG (Zurich Insurance Group AG) Business Description

Address
Mythenquai 2, Corporate Center, Zurich, CHE, 8002
Zurich is a multiline insurer that writes business across both life and non-life insurance and also owns Farmers Management Services. The company was founded in 1872, originally as a marine reinsurer, to provide reinsurance to its parent company. Zurich subsequently expanded into transport and accident insurance and then rode the wave of transport technology innovation that drove rising demand for insurance. One of Zurich's early principles was that setting prices too low would result in unfair claims handling that would be damaging to both customers and Zurich. Over the years Zurich has sought to combine goodwill in claims with a sufficient premium. Zurich is now one of the most successful insurers in Europe.