Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Old Republic International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $6,411 Mil. Old Republic International's Total Assets for the quarter that ended in Dec. 2023 was $26,501 Mil.
Therefore, Old Republic International's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.24.
The historical rank and industry rank for Old Republic International's Equity-to-Asset or its related term are showing as below:
ORI'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23 Med: 0.24 Max: 0.29
Current: 0.24
During the past 13 years, the highest Equity to Asset Ratio of Old Republic International was 0.29. The lowest was 0.23. And the median was 0.24.
ORI's Equity-to-Asset is ranked better than 50.2% of 492
companies
in the Insurance industry
Industry Median: 0.24
vs ORI: 0.24
Old Republic International Equity-to-Asset Historical Data
The historical data trend for Old Republic International'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.
For the Insurance - Diversified subindustry, Old Republic International'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.
Old Republic International Equity-to-Asset Distribution
For the Insurance industry and Financial Services sector, Old Republic International's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Old Republic International's Equity-to-Asset falls into.
Old Republic International 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.
Old Republic International's Equity to Asset Ratio for the fiscal year 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.
Old Republic International (NYSE:ORI) 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%.
Old Republic International Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Old Republic International's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Old Republic International (Old Republic International) Business Description
Old Republic International Corp offers a diverse range of specialized insurance products to individuals and institutions. It operates in three segments: General Insurance (property and liability insurance), Title Insurance, and Republic Financial Indemnity Group (RFIG) Run-off. General Insurance includes products such as Automobile Extended Warranty Insurance, Aviation, Commercial Automobile Insurance, Inland Marine, Travel Accident, Workers' Compensation, Financial Indemnity, and others. Title Insurance's business consists primarily of the issuance of policies to real estate purchasers and investors based upon searches of the public records which contain information concerning interests in real property. Almost all of its revenue is generated from the United States.
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