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QBE Insurance Group (QBE Insurance Group) Equity-to-Asset : 0.24 (As of Dec. 2023)


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What is QBE Insurance Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. QBE Insurance Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $9,953 Mil. QBE Insurance Group's Total Assets for the quarter that ended in Dec. 2023 was $42,108 Mil. Therefore, QBE Insurance Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.24.

The historical rank and industry rank for QBE Insurance Group's Equity-to-Asset or its related term are showing as below:

QBIEY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.21   Max: 0.25
Current: 0.24

During the past 13 years, the highest Equity to Asset Ratio of QBE Insurance Group was 0.25. The lowest was 0.18. And the median was 0.21.

QBIEY's Equity-to-Asset is ranked better than
50.41% of 492 companies
in the Insurance industry
Industry Median: 0.24 vs QBIEY: 0.24

QBE Insurance Group Equity-to-Asset Historical Data

The historical data trend for QBE Insurance Group's Equity-to-Asset 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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QBE Insurance Group Equity-to-Asset Chart

QBE Insurance Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.18 0.18 0.18 0.24

QBE Insurance Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset 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 0.18 0.17 0.18 0.22 0.24

Competitive Comparison of QBE Insurance Group's Equity-to-Asset

For the Insurance - Property & Casualty subindustry, QBE Insurance Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


QBE Insurance Group's Equity-to-Asset Distribution in the Insurance Industry

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

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



QBE Insurance Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

QBE Insurance Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=9953/42108
=0.24

QBE Insurance Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=9953/42108
=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.


QBE Insurance Group  (OTCPK:QBIEY) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


QBE Insurance Group Equity-to-Asset Related Terms

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


QBE Insurance Group (QBE Insurance Group) Business Description

Traded in Other Exchanges
Address
388 George Street, Level 18, Sydney, NSW, AUS, 2000
QBE Insurance is an international property and casualty insurance company. It writes around 20% of its annual gross written premiums in its home region of Australia and New Zealand. Other key regions include North America and Europe. QBE Insurance offers a number of personal, commercial, and specialty lines, including property, auto insurance, agriculture, public/product liability, professional indemnity, workers compensation, marine, energy and aviation, and accident and health.