WR Berkley (WR Berkley) Debt-to-Equity

: 0.38 (As of Dec. 2023)

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WR Berkley's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5 Mil. WR Berkley's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,832 Mil. WR Berkley's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $7,455 Mil. WR Berkley's debt to equity for the quarter that ended in Dec. 2023 was 0.38.

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 WR Berkley's Debt-to-Equity or its related term are showing as below:

WRB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38 Med: 0.47 Max: 0.54
Current: 0.38

During the past 13 years, the highest Debt-to-Equity Ratio of WR Berkley was 0.54. The lowest was 0.38. And the median was 0.47.

WRB's Debt-to-Equity is ranked worse than
65.27% of 383 companies
in the Insurance industry
Industry Median: 0.24 vs WRB: 0.38

WR Berkley Debt-to-Equity Historical Data

The historical data trend for WR Berkley'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.

WR Berkley Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.43

0.49

0.42

0.38

WR Berkley 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																0.42	0.41	0.41	0.41	0.38

Competitive Comparison

For the Insurance - Property & Casualty subindustry, WR Berkley'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.

WR Berkley Debt-to-Equity Distribution

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

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

WR Berkley Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

WR Berkley'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
	=	(5.4	+	2831.641)	/	7455.431
	=	0.38

WR Berkley'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
	=	(5.4	+	2831.641)	/	7455.431
	=	0.38

WR Berkley (NYSE:WRB) 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.

WR Berkley Debt-to-Equity Related Terms

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

WR Berkley (WR Berkley) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » WR Berkley Corp (NYSE:WRB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

WRBpE.PFD:USA WR1:Germany

Address

475 Steamboat Road, Greenwich, CT, USA, 06830

Website

http://www.wrberkley.com

W.R. Berkley is an insurance holding company with a host of subsidiaries that primarily underwrite commercial casualty insurance. The firm specializes in niche products that include various excess and surplus lines, workers' compensation insurance, self-insurance consulting, reinsurance, and regional commercial lines for small and midsize businesses.

Executives

Daniel Lynn Mosley	director	475 STEAMBOAT ROAD, GREENWICH CT 06830
Mark Ellwood Brockbank	director	ROC FLEURI APT C41, 1 RUE DU TENAO, MONTE CARLO O9 98000
Jonathan Talisman	director	475 STEAMBOAT ROAD, W R BERKLEY CORPORATION, GREENWICH CT 06830
Philip S Welt	officer: EVP & General Counsel	W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830
James G Shiel	officer: Sr.Vice Pres. - Investments	C/O W R BERKLEY CORP, 475 STEAMBOAT RD, GREENWICH CT 06830
Leigh Ann Pusey	director	LILLY CORPORATE CENTER, INDIANAPOLIS IN 46285
Maria Luisa Ferre	director	PO BOX 9066590, SAN JUAN PR 00906-6590
Matthew M Ricciardi	officer: SVP AND GENERAL COUNSEL	W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830
Ira S Lederman	officer: SVP-General Counsel & Sec.	475 STEAMBOAT ROAD, GREENWICH CT 06830
Clement P Patafio	officer: V.P.-Corp. Controller	C/O W R BERKLEY CORP, 475 STEAMBOAT RD, GREENWICH CT 06830
Christopher L Augostini	director	C/O W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830
Eugene G Ballard	officer: Sr.V.P.- CFO & Treas.	C/O W R BERKLEY CORP, 475 STEAMBOAT RD, GREENWICH CT 06830
Ronald E Blaylock	director
Lucille T Sgaglione	officer: Senior Vice President	C/O W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830
Jeffrey Marc Hafter	officer: SVP	W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830