GBLI (Global Indemnity Group LLC) Cash-to-Debt : 2.86 (As of Sep. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Global Indemnity Group LLC 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. Global Indemnity Group LLC's cash to debt ratio for the quarter that ended in Sep. 2024 was 2.86.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Global Indemnity Group LLC could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

GBLI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.36 Max: 4.08
Current: 2.86

During the past 13 years, Global Indemnity Group LLC's highest Cash to Debt Ratio was 4.08. The lowest was 0.13. And the median was 0.36.

GBLI's Cash-to-Debt is ranked better than
58.09% of 482 companies
in the Insurance industry
Industry Median: 1.735 vs GBLI: 2.86

Global Indemnity Group LLC Cash-to-Debt Historical Data

The historical data trend for Global Indemnity Group LLC'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.

Global Indemnity Group LLC Cash-to-Debt Chart

Global Indemnity Group LLC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.15

0.45

0.54

2.47

2.99

Global Indemnity Group LLC Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															3.44	2.99	3.26	4.08	2.86

Competitive Comparison of Global Indemnity Group LLC's Cash-to-Debt

For the Insurance - Property & Casualty subindustry, Global Indemnity Group LLC'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.

Global Indemnity Group LLC's Cash-to-Debt Distribution in the Insurance Industry

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

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

Global Indemnity Group LLC 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.

Global Indemnity Group LLC's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 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)
	=	38.037	/	(0	+	12.733)
	=	2.99

Global Indemnity Group LLC's Cash to Debt Ratio for the quarter that ended in Sep. 2024 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)
	=	31.019	/	(0	+	10.836)
	=	2.86

Global Indemnity Group LLC (NYSE:GBLI) 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.

Global Indemnity Group LLC Cash-to-Debt Related Terms

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

Global Indemnity Group LLC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Global Indemnity Group LLC (NYSE:GBLI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

112 S. French Street, Suite 105, Wilmington, NC, USA, 19801

Website

https://www.gbli.com

Global Indemnity Group LLC provides both admitted and non-admitted specialty property and casualty insurance coverages and individual policyholder coverages in the United States, as well as reinsurance worldwide. The company's three primary segments are Commercial Specialty, Reinsurance operations, and Exited Lines. The majority of its revenue is from the Commercial Specialty segment. Geographically, the majority is from California.

Executives

Joseph W Brown	director	C/O SAFECO, 4333 BROOKLYN AVENUE NE, SEATTLE WA 98185
Bevan Olson Greibesland	officer: SVP - Programs	112 S. FRENCH STREET, SUITE 105, WILMINGTON DE 19801
Fred Robert Donner	director	GLOBAL INDEMNITY GROUP, LLC, 112 S. FRENCH STREET, SUITE 105, WILMINGTON DE 19801
Gary Charles Tolman	director	C/O GLOBAL INDEMNITY GROUP, LLC, 112 S. FRENCH STREET, SUITE 105, WILMINGTON DE 19801
Seth Gersch	director	C/O UNITED AMERICA INDEMNITY GROUP, INC., SUITE 605, BALA CYNWYD PA 19004
Reiner Ralf Mauer	officer: Chief Operating Officer	3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
David S Charlton	director	3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Holt James Richard Jr	director	3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Bruce R Lederman	director	2601 OCEAN PARK BLVD. SUITE 320, SANTA MONCICA CA 90405-5216
Stanley K Lam	officer: Senior Vice President	3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
David C Elliott	officer: Sr. Vice President, Claims	3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Saul A Fox	director, 10 percent owner	950 TOWER LANE, SUITE 1150, FOSTER CITY CA 94404
James D Wehr	director	3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Stephen Green	officer: President, Wind River Reinsur.	3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Thomas P. Gibbons	officer: Executive Vice Presdient	3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004