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The Hartford Financial Services Group (The Hartford Financial Services Group) Debt-to-Equity

: 0.29 (As of Dec. 2023)
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The Hartford Financial Services Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. The Hartford Financial Services Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,362 Mil. The Hartford Financial Services Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $15,327 Mil. The Hartford Financial Services Group's debt to equity for the quarter that ended in Dec. 2023 was 0.28.

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 The Hartford Financial Services Group's Debt-to-Equity or its related term are showing as below:

HIG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24   Med: 0.3   Max: 0.37
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of The Hartford Financial Services Group was 0.37. The lowest was 0.24. And the median was 0.30.

HIG's Debt-to-Equity is ranked worse than
53.93% of 382 companies
in the Insurance industry
Industry Median: 0.245 vs HIG: 0.29

The Hartford Financial Services Group Debt-to-Equity Historical Data

The historical data trend for The Hartford Financial Services Group'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 0.30 [6] => 0.24 [7] => 0.28 [8] => 0.32 [9] => 0.29 )
The Hartford Financial Services Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.24 0.28 0.32 0.29

The Hartford Financial Services Group 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 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 Premium Member Only Premium Member Only Premium Member Only 0.32 0.30 0.31 0.32 0.29

Competitive Comparison

For the Insurance - Property & Casualty subindustry, The Hartford Financial Services Group'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.


The Hartford Financial Services Group Debt-to-Equity Distribution

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

* The bar in red indicates where The Hartford Financial Services Group's Debt-to-Equity falls into.



The Hartford Financial Services Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Hartford Financial Services Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

The Hartford Financial Services Group's Debt to Equity 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.


The Hartford Financial Services Group  (NYSE:HIG) 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.


The Hartford Financial Services Group Debt-to-Equity Related Terms

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


The Hartford Financial Services Group (The Hartford Financial Services Group) Business Description

Traded in Other Exchanges
Address
One Hartford Plaza, Hartford, CT, USA, 06155
The Hartford Financial Services Group Inc offers a diverse range of property and casualty insurance, group benefits, and mutual fund services to a customer base of individuals and corporations. It operates in five segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, and Hartford Funds, as well as a Corporate category.
Executives
Christopher Swift officer: Executive VP and CFO HARBORSIDE FINANCIAL CENTER, 3200 PLAZA 5, JERSEY CITY NJ 07311
Amy Stepnowski officer: EVP ONE HARTFORD PLAZA, HARTFORD CT 06155
Stephanie C Bush officer: EVP ONE HARTFORD PLAZA, HARTFORD CT 06155
Robert W Paiano officer: EVP & Chief Risk Officer ONE HARTFORD PLAZA, HARTFORD CT 06155
Jonathan R Bennett officer: Executive Vice President THE HARTFORD, ONE HARTFORD PLAZA, HARTFORD CT 06155
Allison G Niderno officer: SVP & Controller ONE HARTFORD PLAZA, HARTFORD CT 06155
Beth Ann Bombara officer: Sr.Vice Pres. and Controller ONE HARTFORD PLAZA, HARTFORD CT 06155
Adin M Tooker officer: EVP ONE HARTFORD PLAZA, HARTFORD CT 06155
Michael R Fisher officer: EVP ONE HARTFORD PLAZA, HARTFORD CT 06155
David C Robinson officer: EVP and General Counsel ONE HARTFORD PLAZA, HARTFORD CT 06155
Douglas G Elliot officer: Executive Vice President TRAVELERSJ PROPERTY CASUALTY CORP, ONE TOWER SQ, HARTFORD CT 06118
Edmund Reese director C/O BROADRIDGE FINANCIAL SOLUTIONS, INC., 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Scott R. Lewis officer: SVP and Controller ONE HARTFORD PLAZA, HARTFORD CT 06155
Allardice Robert B. Iii director ONE HARTFORD PLAZA, HO-01-09, HARTFORD CT 06155
Claire H. Burns officer: Executive Vice President ONE HARTFORD PLAZA, HARTFORD CT 06155