XL Group (FRA:XLF) Cash-to-Debt : 0.90 (As of Jun. 2018)

View and export this data going back to . Start your Free Trial

What is XL Group Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. XL Group's cash to debt ratio for the quarter that ended in Jun. 2018 was 0.90.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, XL Group couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2018.

The historical rank and industry rank for XL Group's Cash-to-Debt or its related term are showing as below:

FRA:XLF's Cash-to-Debt is not ranked ^*
in the Insurance industry.
Industry Median: 1.86
* Ranked among companies with meaningful Cash-to-Debt only.

XL Group Cash-to-Debt Historical Data

The historical data trend for XL Group's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

XL Group Cash-to-Debt Chart

XL Group Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Cash-to-Debt

Get a 7-Day Free Trial

0.80

1.52

1.23

1.29

1.07

XL Group Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
Cash-to-Debt	Get a 7-Day Free Trial															0.98	0.94	1.07	1.08	0.90

Competitive Comparison of XL Group's Cash-to-Debt

For the Insurance - Property & Casualty subindustry, XL Group's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

XL Group's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, XL Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where XL Group's Cash-to-Debt falls into.

XL Group Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

XL Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2017 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	2903.381	/	(0	+	2721.55)
	=	1.07

XL Group's Cash to Debt Ratio for the quarter that ended in Jun. 2018 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	2485.028	/	(0	+	2753.857)
	=	0.90

XL Group (FRA:XLF) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

XL Group Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of XL Group's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

XL Group (FRA:XLF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » XL Group Ltd (FRA:XLF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.xlgroup.com

With more than $10 billion of equity, XL is a significant player in the global insurance market. XL Insurance offers commercial and specialty insurance for risks, including satellites and horses. XL Re reinsures catastrophe, marine, and other risks. XL Financial guarantees investment contracts, designs structured weather-risk reinsurance products, and provides other specialty risk-management services, but XL is exiting some of these areas following recent stumbles.