Donegal Group (Donegal Group) Equity-to-Asset

: 0.21 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Donegal Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $479.7 Mil. Donegal Group's Total Assets for the quarter that ended in Dec. 2023 was $2,266.3 Mil. Therefore, Donegal Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.21.

The historical rank and industry rank for Donegal Group's Equity-to-Asset or its related term are showing as below:

DGICB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21 Med: 0.24 Max: 0.29
Current: 0.21

During the past 13 years, the highest Equity to Asset Ratio of Donegal Group was 0.29. The lowest was 0.21. And the median was 0.24.

DGICB's Equity-to-Asset is ranked worse than
53.86% of 492 companies
in the Insurance industry
Industry Median: 0.24 vs DGICB: 0.21

Donegal Group Equity-to-Asset Historical Data

The historical data trend for Donegal Group's Equity-to-Asset 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.

Donegal Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.24

0.22

0.21

Donegal Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.22	0.22	0.21	0.21	0.21

Competitive Comparison

For the Insurance - Property & Casualty subindustry, Donegal Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.

Donegal Group Equity-to-Asset Distribution

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

* The bar in red indicates where Donegal Group's Equity-to-Asset falls into.

Donegal Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Donegal Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	479.745	/	2266.294
	=	0.21

Donegal Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	479.745	/	2266.294
	=	0.21

Donegal Group (NAS:DGICB) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Donegal Group Equity-to-Asset Related Terms

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Donegal Group (Donegal Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Donegal Group Inc (NAS:DGICB) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

DGICA:USA

Address

1195 River Road, P.O. Box 302, Marietta, PA, USA, 17547-0302

Website

https://www.donegalgroup.com

Donegal Group Inc is an insurance holding company that offers personal and commercial lines of property and casualty insurance to businesses and individuals. The company's reportable segments are its Investment function, Personal lines of insurance, Commercial lines of insurance. Personal lines products consist primarily of homeowners and private passenger automobile policies. The Commercial lines products of its insurance subsidiaries consist primarily of commercial automobile, commercial multi-peril, and workers' compensation policies. The group primarily operates in the United States.