SCOR SE (SCOR SE) Debt-to-Equity : 0.69 (As of Dec. 2023)

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What is SCOR SE Debt-to-Equity?

SCOR SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $29 Mil. SCOR SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,501 Mil. SCOR SE's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5,119 Mil. SCOR SE's debt to equity for the quarter that ended in Dec. 2023 was 0.69.

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 SCOR SE's Debt-to-Equity or its related term are showing as below:

SZCRF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39 Med: 0.47 Max: 0.76
Current: 0.69

During the past 13 years, the highest Debt-to-Equity Ratio of SCOR SE was 0.76. The lowest was 0.39. And the median was 0.47.

SZCRF's Debt-to-Equity is ranked worse than
82.46% of 382 companies
in the Insurance industry
Industry Median: 0.25 vs SZCRF: 0.69

SCOR SE Debt-to-Equity Historical Data

The historical data trend for SCOR SE'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.

SCOR SE Debt-to-Equity Chart

SCOR SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.46

0.52

0.45

0.76

0.69

SCOR SE Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.45	0.58	0.76	0.67	0.69

Competitive Comparison of SCOR SE's Debt-to-Equity

For the Insurance - Reinsurance subindustry, SCOR SE'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.

SCOR SE's Debt-to-Equity Distribution in the Insurance Industry

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

* The bar in red indicates where SCOR SE's Debt-to-Equity falls into.

SCOR SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SCOR SE'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
	=	(29.444	+	3500.545)	/	5118.866
	=	0.69

SCOR SE'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
	=	(29.444	+	3500.545)	/	5118.866
	=	0.69

SCOR SE (OTCPK:SZCRF) 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.

SCOR SE Debt-to-Equity Related Terms

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

SCOR SE (SCOR SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » SCOR SE (OTCPK:SZCRF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SCRYY:USA SCRp:UK 0IT3:UK SCR:France SDRB:Germany SCR:Switzerland

Address

5, avenue Kleber, Paris, FRA, 75116

Website

https://www.scor.com

Scor is the world's fifth-largest reinsurer selling non-life and life reinsurance. Scor global life insurers life insurance and annuities. In its co-insurance agreements Scor shares in premiums and claims of life insurance contracts that have been sold by a primary insurer. In its excess of loss agreements, Scor reimburses a primary insurer for claims that are filed above an agreed amount. Scor also sells property and casualty reinsurance in co-insurance and excess of loss. Historically Scor has been better in specialist lines and not as good in lines where there is a large potential for loss. Having recently grown in natural catastrophe book, standards of underwriting have not been good. The business has subsequently decided to move back to its historical roots.

SCOR SE (SCOR SE) Headlines

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