Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. RLI's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.18.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, RLI couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.
The historical rank and industry rank for RLI's Cash-to-Debt or its related term are showing as below:
RLI'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.19 Max: 0.45
Current: 0.18
During the past 13 years, RLI's highest Cash to Debt Ratio was 0.45. The lowest was 0.06. And the median was 0.19.
RLI Cash-to-Debt Historical Data
The historical data trend for RLI's Cash-to-Debt 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.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
|
RLI Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Cash-to-Debt |
|
|
|
|
|
|
0.31 |
0.42 |
0.45 |
0.06 |
0.18 |
|
RLI Quarterly Data
|
|
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Cash-to-Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.06 |
0.11 |
0.08 |
0.18 |
0.18 |
Competitive Comparison
For the Insurance - Property & Casualty subindustry, RLI's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.
RLI Cash-to-Debt Distribution
For the Insurance industry and Financial Services sector, RLI's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where RLI's Cash-to-Debt falls into.
RLI Cash-to-Debt Calculation
This is the ratio of a company's
Balance Sheet Cash And Cash Equivalents
to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.
RLI's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
RLI's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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.
RLI (RLI) Business Description
Traded in Other Exchanges
Address
9025 North Lindbergh Drive, Peoria, IL, USA, 61615
RLI Corp underwrites property and casualty insurance through its subsidiaries. The company offers insurance coverage in the specialty admitted market, where the products are designed for special risks. It also offers products in the excess and surplus markets, which provides an alternative for customers with risks or loss exposures that generally cannot be written in the standard admitted market. RLI distributes property and casualty insurance through its wholly-owned branch offices that market to wholesale and retail producers. The company's insurance operation segments include casualty, property, and surety and it derives a majority of its revenue from the Casualty segment.
Executives
| Michael J Stone |
other: President RLI Insurance Compan |
C/O RLI CORP, 9025 N. LINDBERGH DR., PEORIA IL 61615 |
| Michael E Angelina |
director |
C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVENUE, WHITE PLAINS NY 10471 |
| Paul Bennett Medini |
director |
THE ACE BUILDING, 17 WOODHOURNE AVE, HAMILTON BERMUDA D0 HM 08 |
| Susan S. Fleming |
director |
C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103 |
| Seth Anthony Davis |
officer: Vice President, Controller |
9025 N. LINDBERGH DRIVE, PEORIA IL 61615 |
| Debbie Sharell Roberts |
director |
204 W. 59TH STREET, BURR RIDGE IL 60527 |
| Kaj Ahlmann |
director |
17945 ROSEWOOD STREET, STILWELL KS 66085 |
| Aaron Paul Diefenthaler |
officer: VP, CIO |
9025 N. LINDBERGH DRIVE, PEORIA IL 61615 |
| Restrepo Robert P Jr |
director |
|
| Calvin Jr Butler |
director |
10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603 |
| Todd Wayne Bryant |
officer: Vice President, Controller |
9025 N. LINDBERGH DRIVE, PEORIA IL 61615 |
| Jennifer L Klobnak |
other: Sr. VP, Operations - RLI Ins. |
9025 N LINDBERGH DRIVE, PEORIA IL 61615 |
| James J. Scanlan |
director |
6 TODMORDEN LANE, ROSE VALLEY PA 19086 |
| Gerald I Lenrow |
director |
4052 MANSION DR N.W., WASHINGTON DC 20007 |
| Jonathan E Michael |
director, officer: President |
C/O RLI CORP, 9025 N. LINDBERGH DR., PEORIA IL 61615 |
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
RLI has been successfully added to your