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PartnerRe (PartnerRe) Degree of Financial Leverage : 0.00 (As of Dec. 2020)


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What is PartnerRe Degree of Financial Leverage?

Degree of Financial Leverage (DFL) measures the percentage change in EPS for a unit change in Earnings Before Interest and Taxes (EBIT). PartnerRe's Degree of Financial Leverage for the quarter that ended in Dec. 2020 was 0.00. The higher Degree of Financial Leverage, the more volatile earnings will be.

The industry rank for PartnerRe's Degree of Financial Leverage or its related term are showing as below:

PRE's Degree of Financial Leverage is not ranked *
in the Insurance industry.
Industry Median: 0.96
* Ranked among companies with meaningful Degree of Financial Leverage only.

PartnerRe Degree of Financial Leverage Historical Data

The historical data trend for PartnerRe's Degree of Financial Leverage 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.

PartnerRe Degree of Financial Leverage Chart

PartnerRe Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Degree of Financial Leverage
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PartnerRe Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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Competitive Comparison of PartnerRe's Degree of Financial Leverage

For the Insurance - Reinsurance subindustry, PartnerRe's Degree of Financial Leverage, along with its competitors' market caps and Degree of Financial Leverage 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.


PartnerRe's Degree of Financial Leverage Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PartnerRe's Degree of Financial Leverage distribution charts can be found below:

* The bar in red indicates where PartnerRe's Degree of Financial Leverage falls into.



PartnerRe Degree of Financial Leverage Calculation

PartnerRe's Degree of Financial Leverage for the quarter that ended in Dec. 2020 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( 0 (Dec. 2020) / 0 (Dec. 2019) - 1 )/( 256.687 (Dec. 2020) / 1013.791 (Dec. 2019) - 1 )
=/-0.7468
=0.00***

* 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.

** TTM data of EPS and EBIT was used to calculate Degree of Financial Leverage.
*** Please be aware that the Degree of Financial Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


PartnerRe  (NYSE:PRE) Degree of Financial Leverage Explanation

Degree of Financial Leverage (DFL) is a leverage ratio that measures the sensitivity of a company’s Earnings per Share (EPS) to fluctuations in its operating income, also referred to as Earnings Before Interest and Taxes (EBIT), resulting from adjustments in its capital structure. DFL is an essential tool for companies to assess the appropriate level of debt or financial leverage in their capital structure. When EBIT remains relatively stable, it results in stable earnings and earnings per share. In such cases, the company may consider taking on substantial debt. However, for companies operating in industries with significant fluctuations in EBIT, it is advisable to keep debt at a manageable level.

The higher Degree of Financial Leverage, the more volatile earnings will be. Because interest is a fixed expense, leverage can amplify earnings and EPS. This is beneficial when EBIT is growing, but it can become problematic in tough economic conditions when EBIT is under pressure.

Be Aware

The use of financial leverage varies across different industries and business sectors, and the application of Degree of Financial Leverage (DFL) should be adjusted accordingly.


PartnerRe Degree of Financial Leverage Related Terms

Thank you for viewing the detailed overview of PartnerRe's Degree of Financial Leverage provided by GuruFocus.com. Please click on the following links to see related term pages.


PartnerRe (PartnerRe) Business Description

Traded in Other Exchanges
Address
90 Pitts Bay Road, Wellesley House South, Pembroke, BMU, HM 08
PartnerRe Ltd is a Bermuda-based holding company for international reinsurance groups, including Partner Reinsurance Company, Partner Reinsurance Europe SE, Partner Reinsurance Company of the U.S., and Partner Reinsurance Asia. PartnerRe reinsures risks include property, casualty, motor, agriculture, aviation/space, catastrophe, credit/surety, engineering, energy, marine, specialty property, specialty casualty, multiline and other lines, mortality, longevity, accident and health, and alternative risk products. It operates through the following segments the P&C segment, the Specialty segment under the non-life division, and the Life and Health segment. PartnerRe derives the majority of its revenue from the non-life business division.
Executives
Debra J Perry director 515 RIDGEWOOD AVENUE, GLEN RIDGE NJ 07028
Greg Fook-hin Seow director 33 ROCHESTER DRIVE, #33-03, SINGAPORE U0 138638
Egbert P Willam director WILHELM-VON-CAPITAINE-STR. 5, COLOGNE 2M D-50858
Emmanuel Clarke officer: CEO, PartnerRe Global BELLERIVESTRASSE 36, ZURICH V8 8034
David Outtrim officer: Chief Accounting Officer WELLESLEY HOUSE SOUTH, 90 PITTS BAY ROAD, 5TH FLOOR, PEMBROKE D0 HM 09
Theodore C Walker officer: President & CEO, PartnerRe NA WELLESLEY HOUSE SOUTH,, 90 PITTS BAY ROAD, PEMBROKE D0 HM08
Judith Hanratty director C/O PARTNERRE LTD, WELLESLEY HOUSE SOUTH, 90 PITTS BAY ROAD, PEMBROKE D0 HM08
Laurie Desmet officer: EVP & COO, PartnerRe Ltd C/O PARTNERRE LTD, WELLESLEY HOUSE SOUTH, 90 PITTS BAY ROAD, PEMBROKE D0 HM 08
Remy Sautter director PARTNERRE LTD, WELLESLEY HOUSE 90 PITTS BAY RD, PEMBROKE BERMUDA D0 HM 08
Jan H Holsboer director PARTNERRE LTD, WELLESLEY HOUSE 90 PITTS BAY RD, PEMBROKE BERMUDA D0 HM 08
William Babcock officer: EVP & CFO, PartnerRe Ltd. C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVE., WEST BUILDING, WHITE PLAINS NY 10604
Kevin M Twomey director 1650 PRUDENTIAL DR, STE 400, JACKSONVILLE FL 32207
David K Zwiener director, officer: President & CEO PartnerRe Ltd.
Roberto G Mendoza director C/O JP MORGAN & CO INCORPORATED, 60 WALL STREET, NEW YORK NY 10260
Montupet Jean Paul L director PARTNERRE LTD, WELLESLEY HOUSE 90 PITTS BAY RD, PEMBROKE BERMUDA D0 HM 08