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RenaissanceRe Holdings (RenaissanceRe Holdings) Equity-to-Asset

: 0.19 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. RenaissanceRe Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $9,455 Mil. RenaissanceRe Holdings's Total Assets for the quarter that ended in Dec. 2023 was $49,007 Mil. Therefore, RenaissanceRe Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.19.

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

RNR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15   Med: 0.26   Max: 0.47
Current: 0.19

During the past 13 years, the highest Equity to Asset Ratio of RenaissanceRe Holdings was 0.47. The lowest was 0.15. And the median was 0.26.

RNR's Equity-to-Asset is ranked worse than
57.69% of 494 companies
in the Insurance industry
Industry Median: 0.24 vs RNR: 0.19

RenaissanceRe Holdings Equity-to-Asset Historical Data

The historical data trend for RenaissanceRe Holdings'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.

RenaissanceRe Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.25 0.20 0.15 0.19

RenaissanceRe Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.15 0.18 0.19 0.19

Competitive Comparison

For the Insurance - Reinsurance subindustry, RenaissanceRe Holdings'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.


RenaissanceRe Holdings Equity-to-Asset Distribution

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

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



RenaissanceRe Holdings 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.

RenaissanceRe Holdings'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
=9454.958/49007.105
=0.19

RenaissanceRe Holdings'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
=9454.958/49007.105
=0.19

* 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.


RenaissanceRe Holdings  (NYSE:RNR) 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%.


RenaissanceRe Holdings Equity-to-Asset Related Terms

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


RenaissanceRe Holdings (RenaissanceRe Holdings) Business Description

Traded in Other Exchanges
Address
12 Crow Lane, Renaissance House, Pembroke, BMU, HM 19
RenaissanceRe Holdings Ltd provides reinsurance and insurance solutions and related services. The company's core products include property, casualty, specialty reinsurance, and certain insurance products. Revenue is derived from three sources: net premiums earned from the insurance and insurance products sold; net investment income from the investment of capital funds and cash; and other income from the company's joint ventures, advisory services, and other items. The reportable segments of the company are the Property segment which includes catastrophe and other property reinsurance, and the Casualty and Specialty segment which is comprised of casualty and specialty reinsurance. It derives a majority of its revenue from the Casualty and specialty segment.
Executives
David E Marra officer: EVP,Chief Underwriting Officer RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19
Robert Qutub officer: EVP, Chief Financial Officer RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19
Kevin Odonnell officer: SVP--Property Catastrophe RENAISSANCE HOUSE, 8-12 EAST BROADWAY, PEMBROKE D0 HM19
Torsten Jeworrek director RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19
Carol P Sanders director PO BOX 2568, MADISON WI 53701-2568
Sean G Brosnan officer: SVP, Chief Investment Officer RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19
Gray Brian Gerald John director 1081 NORTH WASEOSA LAKE ROAD, HUNTSVILLE A6 P1H 2J4
David C Bushnell director 11730 HULL STREET ROAD, MIDLOTHIAN VA 23112
Shyam H Gidumal director 2325 PALOS VERDES DRIVE WEST SUITE 211, PALOS VERDES ESTATES CA 90274
Henry Iii Klehm director RENAISSANCE HOUSE, 8-20 EAST BROADWAY, PEMBROKE D0 HM19
James Christopher Fraser officer: SVP, Chief Accounting Officer RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19
Ross Curtis officer: SVP,Chief Underwriting Officer RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19
Ian D Branagan officer: SVP, Chief Risk Officer RENAISSANCE HOUSE, 8-20 EAST BROADWAY, PEMBROKE D0 HM 19
Shannon Lowry Bender officer: SVP, General Counsel & Secty 12 CROW LANE, PEMBROKE D0 HM 19
Aditya Dutt officer: President, Ventures RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19