White Mountains Insurance Group (White Mountains Insurance Group) Cash-to-Debt

: 0.22 (As of Dec. 2023)

View and export this data going back to 1986. Start your Free Trial

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. White Mountains Insurance Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.22.

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, White Mountains Insurance Group 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 White Mountains Insurance Group's Cash-to-Debt or its related term are showing as below:

WTM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 0.56 Max: 6.32
Current: 0.22

During the past 13 years, White Mountains Insurance Group's highest Cash to Debt Ratio was 6.32. The lowest was 0.22. And the median was 0.56.

WTM's Cash-to-Debt is ranked worse than
87.4% of 484 companies
in the Insurance industry
Industry Median: 1.85 vs WTM: 0.22

White Mountains Insurance Group Cash-to-Debt Historical Data

The historical data trend for White Mountains Insurance Group'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.

* Premium members only.

White Mountains Insurance Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.57

0.56

0.23

0.44

0.22

White Mountains Insurance Group 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																0.44	0.36	0.27	0.29	0.22

Competitive Comparison

For the Insurance - Property & Casualty subindustry, White Mountains Insurance Group'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.

White Mountains Insurance Group Cash-to-Debt Distribution

For the Insurance industry and Financial Services sector, White Mountains Insurance Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where White Mountains Insurance Group's Cash-to-Debt falls into.

White Mountains Insurance Group 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.

White Mountains Insurance Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	122.4	/	(0	+	564.6)
	=	0.22

White Mountains Insurance Group's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	122.4	/	(0	+	564.6)
	=	0.22

White Mountains Insurance Group (NYSE:WTM) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

White Mountains Insurance Group Cash-to-Debt Related Terms

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

White Mountains Insurance Group (White Mountains Insurance Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » White Mountains Insurance Group Ltd (NYSE:WTM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

WNI:Germany

Address

23 South Main Street, Suite 3B, Hanover, NH, USA, 03755-2053

Website

https://www.whitemountains.com

White Mountains Insurance Group Ltd is engaged in the business of making opportunistic and value-oriented acquisitions of businesses and assets in the insurance, financial services and related sectors, operating these businesses and assets through its subsidiaries and, if and when attractive exit valuations become available, disposing of these businesses and assets. The company conducts its business in four areas: municipal bond insurance, property and casualty insurance and reinsurance, capital solutions for asset and wealth management firms and other operations. White Mountains's municipal bond insurance business is conducted through its subsidiary HG Global Ltd. and its reinsurance subsidiary HG Re Ltd.

Executives

Weston M Hicks	director	C/O ALLEGHANY CORPORATION, 1411 BROADWAY, 34TH FLOOR, NEW YORK NY 10018
Steven Yi	director	700 SOUTH FLOWER STREET, SUITE 640, LOS ANGELES CA 90017
Michaela Hildreth	officer: Chief Accounting Officer	23 S MAIN STREET, SUITE 3B, HANOVER NH 03755
Peter M Carlson	director	BRIGHTHOUSE FINANCIAL, INC., 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Morgan W Davis	director	80 SOUTH MAIN STREET, HANOVER NH 03755
Suzanne F. Shank	director	C/O PENSARE SPONSOR GROUP, LLC, 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Mary C Choksi	director
Philip A Gelston	director	80 SOUTH MAIN ST, C/O WHITE MOUNTAINS, HANOVER NH 03755
David Allen Tanner	director	C/O ARLON GROUP LLC, 277 PARK AVE, NEW YORK NY 10172
Margaret Dillon	director	C/O GUIDEWIRE SOFTWARE, INC., 2850 DELAWARE ST. STE 400, SAN MATEO CA 94403
Liam P Caffrey	officer: EVP & Chief Financial Officer	23 S MAIN STREET, STE. 3B, HANOVER NH 03755
Robert Lawrence Seelig	officer: EVP & General Counsel
George Manning Rountree	director, officer: Chief Executive Officer	C/O 80 SOUTH MAIN STREET, HANOVER NH 03755
Reid Tarlton Campbell	officer: EVP & Chief Financial Officer	C/O WHITE MOUNTAINS INSURANCE GROUP, 80 SOUTH MAIN STREET, HANOVER NH 03755
Lowndes Andrew Smith	director	C/O WHITE MOUNTIAN INSURANCE GROUP, 80 S MIAN ST, HANOVER NH 03755