Brookfield Reinsurance (Brookfield Reinsurance) LT-Debt-to-Total-Asset : 0.06 (As of Mar. 2024)

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What is Brookfield Reinsurance LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Brookfield Reinsurance's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.06.

Brookfield Reinsurance's long-term debt to total assets ratio declined from Mar. 2023 (0.08) to Mar. 2024 (0.06). It may suggest that Brookfield Reinsurance is progressively becoming less dependent on debt to grow their business.

Brookfield Reinsurance LT-Debt-to-Total-Asset Historical Data

The historical data trend for Brookfield Reinsurance's LT-Debt-to-Total-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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Brookfield Reinsurance LT-Debt-to-Total-Asset Chart

Brookfield Reinsurance Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.06

0.09

0.06

Brookfield Reinsurance Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.08	0.07	0.06	0.06	0.06

Brookfield Reinsurance LT-Debt-to-Total-Asset Calculation

Brookfield Reinsurance's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	3743	/	61643
	=	0.06

Brookfield Reinsurance's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	3730	/	63113
	=	0.06

Brookfield Reinsurance (NYSE:BNRE) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Brookfield Reinsurance LT-Debt-to-Total-Asset Related Terms

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Brookfield Reinsurance (Brookfield Reinsurance) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Brookfield Reinsurance Ltd (NYSE:BNRE) » Definitions » LT-Debt-to-Total-Asset

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Address

94 Pitts Bay Road, Ideation House, First Floor, Pembroke, BMU, HM08

Website

https://www.bamr.brookfield.com

Brookfield Reinsurance Ltd owns and operates a reinsurance business focused on providing capital-based solutions to insurance companies and their stakeholders. The company offers a broad range of insurance products and services, including life insurance and annuities, and personal and commercial property and casualty insurance.