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Everest Group (Everest Group) Debt-to-Equity : 0.26 (As of Dec. 2023)


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What is Everest Group Debt-to-Equity?

Everest Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,349 Mil. Everest Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,059 Mil. Everest Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $13,202 Mil. Everest Group's debt to equity for the quarter that ended in Dec. 2023 was 0.26.

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

EG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.09   Max: 0.37
Current: 0.26

During the past 13 years, the highest Debt-to-Equity Ratio of Everest Group was 0.37. The lowest was 0.07. And the median was 0.09.

EG's Debt-to-Equity is ranked worse than
51.05% of 382 companies
in the Insurance industry
Industry Median: 0.25 vs EG: 0.26

Everest Group Debt-to-Equity Historical Data

The historical data trend for Everest 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.

Everest Group Debt-to-Equity Chart

Everest Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.20 0.31 0.37 0.26

Everest Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.37 0.35 0.29 0.49 0.26

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

For the Insurance - Reinsurance subindustry, Everest 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.


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

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

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



Everest Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Everest Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Everest Group  (NYSE:EG) 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.


Everest Group Debt-to-Equity Related Terms

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


Everest Group (Everest Group) Business Description

Traded in Other Exchanges
Address
141 Front Street, Seon Place - 4th Floor, P.O. Box HM 845, Hamilton, BMU, HM 19
Everest Group Ltd is engaged in providing insurance services in the U.S., Bermuda, and international markets. It operates in Reinsurance and Insurance business. The Reinsurance operation writes property and casualty reinsurance and specialty lines of business, on both a treaty and facultative basis, through reinsurance brokers, as well as directly with ceding companies. The Insurance operation writes property and casualty insurance directly and through brokers, surplus lines brokers, and general agents within the U.S., Bermuda, Canada, Europe, and South America.
Executives
Juan C Andrade officer: President and CEO THE HARTFORD, ONE HARTFORD PLAZA, HARTFORD CT 06155
Meryl D Hartzband director C/O THE NAVIGATORS GROUP, INC., 400 ATLANTIC STREET, 8TH FLOOR, STAMFORD CT 06901
Hazel Mcneilage director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
John A Weber director COPLEY SQUARE CAPITAL MANAGEMENT, 108 MYRTLE STREET, NORTH QUINCY MA 02171
Sanjoy Mukherjee officer: General Counsel 477 MARTINSVILLE ROAD, LIBERTY CORNER NJ 07938
Galtney William F Jr director THE GALTNEY GROUP, INC., 820 GESSNER, SUITE 1000, HOUSTON TX 77024-4259
Roger M. Singer director P.O. BOX 2756, DURANGO CO 81302
John P Doucette officer: Executive VP and CUO 477 MARTINSVILLE ROAD, LIBERTY CORNER NJ 07938
Mike Karmilowicz officer: EVP, Pres/CEO Insurance Div 100 EVEREST WAY, WARREN NJ 07059
James Allan Williamson officer: EVP, Chief Operating Officer 100 EVEREST WAY, WARREN NJ 07059
Mark Kociancic officer: EVP & CFO 477 MARTINSVILLE ROAD, LIBERTY CORNER NJ 07938
Geraldine Losquadro director 200 EAST 74TH STREET APT 10, NEW YORK CITY NY 10021
Joseph V Taranto director, officer: Chairman and CEO EVEREST REINSURANCE CO, 100 EVEREST WAY, WARREN NJ 07059
John A Graf director 477 MARTINSVILLE ROAD, LIBERTY CORNER NJ 07938
Jonathan Zaffino officer: SVP & President Everest Nat'l 477 MARTINSVILLE ROAD, LIBERTY CORNER NJ 07938