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FedNat Holding Co (FedNat Holding Co) Debt-to-Equity : 8.41 (As of Mar. 2022)


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What is FedNat Holding Co Debt-to-Equity?

FedNat Holding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $0.0 Mil. FedNat Holding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $118.9 Mil. FedNat Holding Co's Total Stockholders Equity for the quarter that ended in Mar. 2022 was $14.1 Mil. FedNat Holding Co's debt to equity for the quarter that ended in Mar. 2022 was 8.41.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for FedNat Holding Co's Debt-to-Equity or its related term are showing as below:

FNHCQ's Debt-to-Equity is not ranked *
in the Insurance industry.
Industry Median: 0.24
* Ranked among companies with meaningful Debt-to-Equity only.

FedNat Holding Co Debt-to-Equity Historical Data

The historical data trend for FedNat Holding Co's Debt-to-Equity 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.

FedNat Holding Co Debt-to-Equity Chart

FedNat Holding Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.21 0.40 0.62 2.00

FedNat Holding Co Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Debt-to-Equity Get a 7-Day Free Trial 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 0.67 1.21 1.67 2.00 8.41

Competitive Comparison of FedNat Holding Co's Debt-to-Equity

For the Insurance - Property & Casualty subindustry, FedNat Holding Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


FedNat Holding Co's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, FedNat Holding Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where FedNat Holding Co's Debt-to-Equity falls into.



FedNat Holding Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FedNat Holding Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

FedNat Holding Co's Debt to Equity Ratio for the quarter that ended in Mar. 2022 is calculated as

* 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.


FedNat Holding Co  (OTCPK:FNHCQ) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


FedNat Holding Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of FedNat Holding Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


FedNat Holding Co (FedNat Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
14050 N.W. 14th Street, Suite 180, Sunrise, FL, USA, 33323
FedNat Holding Co is a provider of property and liability insurance products in the United States. It offers underwriting services to homeowner's multi-peril, personal automobile, commercial general liability, federal flood, and other lines of insurance. The company markets and distributes its own and third-party insurers' products, and other services through a network of independent and general agents. The segments of the company are Homeowners, Automobile and Other, of which a majority of the revenue is derived from the Homeowners segment. The Homeowners line of business consists of the homeowners and fire property and casualty insurance business.
Executives
David K. Patterson director 14050 N.W. 14TH STREET, SUITE 180, SUNRISE FL 33323
Roberta Nell Young director 23043 SUNFIELD DRIVE, BOCA RATON FL 33433
David W Michelson director 111 CONGRESSIONAL BLVD., SUITE 500, CARMEL IN 46032
Ronald Arthur Jordan officer: Chief Financial Officer 5817 CRUTCHFIELD FARM RD, OAK RIDGE NC 27310
Erick Anthony Fernandez officer: CAO 1537 MANTUA AVENUE, CORAL GABLES FL 33146
Thomas Alexander Rogers director 466 ROLLING ROAD, ROSEMONT PA 19010
Patrick Mccahill officer: Chief Operating Officer 14050 NW 14TH STREET, SUITE 180, SUNRISE FL 33323
Michael H Braun director, officer: Chief Executive Officer & Pres 14050 NW 14 STREET, SUITE 180, SUNRISE FL 33323
Bruce Simberg director, other: Chairman of the Board 3440 HOLLYWOOD BLVD 2ND FL, HOLLYWOOD FL 33021
Wilcox Richard W Jr director 7220 SW 6 STREET, PLANTATION FL 33317
Jenifer G Kimbrough director 14050 NW 14 STREET, SUITE 180, SUNRISE FL 33323
William Gorman Stewart director 4024 STEWART ROAD, BOX 159, STEVENSON MD 21153
Hale Partnership Fund, L.p. 10 percent owner 3335 PARK SOUTH STATION BLVD., CHARLOTTE NC 28210
Hale Steven A Ii 10 percent owner 5960 FAIRVIEW ROAD, SUITE 432, CHARLOTTE NC 28210
Hale Partnership Capital Management, Llc 10 percent owner 5960 FAIRVIEW ROAD, SUITE 432, CHARLOTTE NC 28210