Global Indemnity Group LLC (Global Indemnity Group LLC) Debt-to-Equity : 0.02 (As of Dec. 2023)

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What is Global Indemnity Group LLC Debt-to-Equity?

Global Indemnity Group LLC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Global Indemnity Group LLC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $12.7 Mil. Global Indemnity Group LLC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $648.8 Mil. Global Indemnity Group LLC's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Global Indemnity Group LLC's Debt-to-Equity or its related term are showing as below:

GBLI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.21 Max: 0.46
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Global Indemnity Group LLC was 0.46. The lowest was 0.02. And the median was 0.21.

GBLI's Debt-to-Equity is ranked better than
91.88% of 382 companies
in the Insurance industry
Industry Median: 0.25 vs GBLI: 0.02

Global Indemnity Group LLC Debt-to-Equity Historical Data

The historical data trend for Global Indemnity Group LLC's Debt-to-Equity 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.

* Premium members only.

Global Indemnity Group LLC Debt-to-Equity Chart

Global Indemnity Group LLC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.41

0.21

0.03

0.02

Global Indemnity Group LLC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.03	0.02	0.02	0.02	0.02

Competitive Comparison of Global Indemnity Group LLC's Debt-to-Equity

For the Insurance - Property & Casualty subindustry, Global Indemnity Group LLC's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Global Indemnity Group LLC's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Global Indemnity Group LLC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Global Indemnity Group LLC's Debt-to-Equity falls into.

Global Indemnity Group LLC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Global Indemnity Group LLC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	12.733)	/	648.753
	=	0.02

Global Indemnity Group LLC's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	12.733)	/	648.753
	=	0.02

Global Indemnity Group LLC (NYSE:GBLI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Global Indemnity Group LLC Debt-to-Equity Related Terms

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

Global Indemnity Group LLC (Global Indemnity Group LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Global Indemnity Group LLC (NYSE:GBLI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

112 S. French Street, Suite 105, Wilmington, NC, USA, 19801

Website

https://www.gbli.com

Global Indemnity Group LLC provides both admitted and non-admitted specialty property and casualty insurance coverages and individual policyholder coverages in the United States, as well as reinsurance worldwide. The company's three primary segments are Commercial Specialty, Reinsurance operations, and Exited Lines. The majority of its revenue is from the Commercial Specialty segment. Geographically, the majority is from California.

Executives

Bevan Olson Greibesland	officer: SVP - Programs	112 S. FRENCH STREET, SUITE 105, WILMINGTON DE 19801
Fred Robert Donner	director	GLOBAL INDEMNITY GROUP, LLC, 112 S. FRENCH STREET, SUITE 105, WILMINGTON DE 19801
Gary Charles Tolman	director	C/O GLOBAL INDEMNITY GROUP, LLC, 112 S. FRENCH STREET, SUITE 105, WILMINGTON DE 19801
Seth Gersch	director	C/O UNITED AMERICA INDEMNITY GROUP, INC., SUITE 605, BALA CYNWYD PA 19004
Joseph W Brown	director	C/O SAFECO, 4333 BROOKLYN AVENUE NE, SEATTLE WA 98185
Reiner Ralf Mauer	officer: Chief Operating Officer	3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
David S Charlton	director	3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Holt James Richard Jr	director	3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Bruce R Lederman	director	2601 OCEAN PARK BLVD. SUITE 320, SANTA MONCICA CA 90405-5216
David C Elliott	officer: Sr. Vice President, Claims	3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Stanley K Lam	officer: Senior Vice President	3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Saul A Fox	director, 10 percent owner	950 TOWER LANE, SUITE 1150, FOSTER CITY CA 94404
James D Wehr	director	3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Stephen Green	officer: President, Wind River Reinsur.	3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Thomas P. Gibbons	officer: Executive Vice Presdient	3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004