Infinity Property and Casualty (Infinity Property and Casualty) LT-Debt-to-Total-Asset : 0.11 (As of Mar. 2018)

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What is Infinity Property and Casualty LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Infinity Property and Casualty's long-term debt to total assests ratio for the quarter that ended in Mar. 2018 was 0.11.

Infinity Property and Casualty's long-term debt to total assets ratio declined from Mar. 2017 (0.11) to Mar. 2018 (0.11). It may suggest that Infinity Property and Casualty is progressively becoming less dependent on debt to grow their business.

Infinity Property and Casualty LT-Debt-to-Total-Asset Historical Data

The historical data trend for Infinity Property and Casualty's LT-Debt-to-Total-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.

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Infinity Property and Casualty LT-Debt-to-Total-Asset Chart

Infinity Property and Casualty Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

LT-Debt-to-Total-Asset

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0.12

0.11

Infinity Property and Casualty Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.11	0.11	0.11	0.11	0.11

Infinity Property and Casualty LT-Debt-to-Total-Asset Calculation

Infinity Property and Casualty's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

LT Debt to Total Assets (A: Dec. 2017 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2017 )	/	Total Assets (A: Dec. 2017 )
	=	273.809	/	2473.411
	=	0.11

Infinity Property and Casualty's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2018 is calculated as

LT Debt to Total Assets (Q: Mar. 2018 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2018 )	/	Total Assets (Q: Mar. 2018 )
	=	273.865	/	2551.466
	=	0.11

Infinity Property and Casualty (NAS:IPCC) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Infinity Property and Casualty LT-Debt-to-Total-Asset Related Terms

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Infinity Property and Casualty (Infinity Property and Casualty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Infinity Property and Casualty Corp (NAS:IPCC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.infinityauto.com

Infinity Property and Casualty Corp is a provider of personal auto insurance. The company offers personal and commercial automobile insurance, primarily in Arizona, California, Florida, and Texas, to urban and Hispanic drivers. Infinity Property and Casualty distributes its products through a network of independent agencies and brokers or via the Internet. Nearly half of all premiums are underwritten for customers in California.

Executives

Robert H. Bateman	officer: Executive VP, CFO & Treasurer	ONE HARTFORD PLAZA, HARTFORD CT 06155
Teresa Alvarez Canida	director	200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Victor T Adamo	director
E Robert Meaney	director
Angela Brock-kyle	director	3700 COLONNADE PARKWAY, BIRMINGHAM AL 35243
Harold E Layman	director	C/O GRAFTECH INTERNATIONAL LTD., 12900 SNOW ROAD, PARMA OH 44130
William Stancil Starnes	director	P O BOX 598512, BIRMINGHAM AL 35259-8512
Drayton Jr Nabers	director	605 RICHARD ARRINGTON JR BLVD N, BIRMINGHAM AL 35203-2707
Gregory G Joseph	director	301 EAST FOURTH STREET, CINCINNATI OH 45202
American Financial Group Inc	10 percent owner	GREAT AMERICAN INSURANCE GROUP TOWER, 301 E. 4TH STREET, CINCINNATI OH 45202
Carl H Lindner	10 percent owner
S Craig Lindner	10 percent owner	ONE EAST FOURTH STREET, CINCINNATI OH 45202

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