AIA Group (HKSE:01299) Debt-to-Equity : 0.30 (As of Dec. 2023)

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What is AIA Group Debt-to-Equity?

AIA Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0 Mil. AIA Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$95,006 Mil. AIA Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$321,069 Mil. AIA Group's debt to equity for the quarter that ended in Dec. 2023 was 0.30.

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 AIA Group's Debt-to-Equity or its related term are showing as below:

HKSE:01299' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.12 Max: 0.3
Current: 0.3

During the past 13 years, the highest Debt-to-Equity Ratio of AIA Group was 0.30. The lowest was 0.09. And the median was 0.12.

HKSE:01299's Debt-to-Equity is ranked worse than
54.97% of 382 companies
in the Insurance industry
Industry Median: 0.245 vs HKSE:01299: 0.30

AIA Group Debt-to-Equity Historical Data

The historical data trend for AIA Group'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.

AIA Group Debt-to-Equity Chart

AIA Group Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.12

0.14

0.16

0.25

0.30

AIA Group Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.16	0.25	0.25	0.27	0.30

Competitive Comparison of AIA Group's Debt-to-Equity

For the Insurance - Life subindustry, AIA Group'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.

AIA Group's Debt-to-Equity Distribution in the Insurance Industry

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

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

AIA Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AIA Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	95006.217)	/	321068.688
	=	0.30

AIA Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	95006.217)	/	321068.688
	=	0.30

AIA Group (HKSE:01299) 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.

AIA Group Debt-to-Equity Related Terms

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

AIA Group (HKSE:01299) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » AIA Group Ltd (HKSE:01299) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AAIGF:USA AAGIY:USA 1299:Mexico 7A2:Germany

Address

No. 1 Connaught Road Central, 35th Floor, AIA Central, Hong Kong, HKG

Website

https://www.aia.com

AIA is one of the largest pan-Asian insurance providers with a wide range of products including retirement savings plans, life insurance, and accident and health insurance. The company is headquartered in Hong Kong. It was previously part of AIG and went for a separate listing in Hong Kong in 2010. The firm also provides employee benefits, credit life, and pension services to corporate clients. AIA is present in 18 markets and serves the holders of more than 30 million individual policies and over 16 million participating members of group insurance schemes.

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