Hannover Rueck SE (Hannover Rueck SE) Equity-to-Asset

: 0.15 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hannover Rueck SE's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $11,043 Mil. Hannover Rueck SE's Total Assets for the quarter that ended in Dec. 2023 was $72,505 Mil. Therefore, Hannover Rueck SE's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.15.

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

HVRRY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13 Med: 0.14 Max: 0.16
Current: 0.15

During the past 13 years, the highest Equity to Asset Ratio of Hannover Rueck SE was 0.16. The lowest was 0.13. And the median was 0.14.

HVRRY's Equity-to-Asset is ranked worse than
65.85% of 492 companies
in the Insurance industry
Industry Median: 0.24 vs HVRRY: 0.15

Hannover Rueck SE Equity-to-Asset Historical Data

The historical data trend for Hannover Rueck SE'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.

Hannover Rueck SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.15

0.16

0.14

0.15

Hannover Rueck SE 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																0.14	0.15	0.15	0.15	0.15

Competitive Comparison

For the Insurance - Reinsurance subindustry, Hannover Rueck SE'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.

Hannover Rueck SE Equity-to-Asset Distribution

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

* The bar in red indicates where Hannover Rueck SE's Equity-to-Asset falls into.

Hannover Rueck SE 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.

Hannover Rueck SE'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
	=	11043.402	/	72505.234
	=	0.15

Hannover Rueck SE'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
	=	11043.402	/	72505.234
	=	0.15

Hannover Rueck SE (OTCPK:HVRRY) 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%.

Hannover Rueck SE Equity-to-Asset Related Terms

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Hannover Rueck SE (Hannover Rueck SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hannover Rueck SE (OTCPK:HVRRY) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

HNR1d:UK 0M9A:UK HNR1:Germany HNR1:Austria

Address

Karl-Wiechert-Allee 50, Hannover, NI, DEU, 30625

Website

https://www.hannover-re.com

Hannover Re is a reinsurance company headquartered in Hannover, Germany. Its roots go back to the 1920s when, in conjunction with the Gerling Group, Haftplichtverband founded Eisen- und Stahl to provide reinsurance services. In the 1960s ownership of the business was turned over to Haftplichtverband and Aktiengesellschaft fur Transport und- Ruckversichering was founded. This was the basis of Hannover Re. The business expanded into life and health reinsurance in the 1990s, and over the next 30 years expanded beyond its core domestic market of Germany to write business internationally. Hannover sold its commercial specialty insurance business to Talanx on Jan. 1, 2019. Hannover was listed in the '90s on the Frankfurt Stock Exchange.