Munchener Ruckversicherungs-Gesellschaft AG (Munchener Ruckversicherungs-Gesellschaft AG) Debt-to-Equity

: 0.16 (As of Dec. 2023)

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Munchener Ruckversicherungs-Gesellschaft AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Munchener Ruckversicherungs-Gesellschaft AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5,140 Mil. Munchener Ruckversicherungs-Gesellschaft AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $32,333 Mil. Munchener Ruckversicherungs-Gesellschaft AG's debt to equity for the quarter that ended in Dec. 2023 was 0.16.

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 Munchener Ruckversicherungs-Gesellschaft AG's Debt-to-Equity or its related term are showing as below:

MURGF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.17 Max: 0.23
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Munchener Ruckversicherungs-Gesellschaft AG was 0.23. The lowest was 0.13. And the median was 0.17.

MURGF's Debt-to-Equity is ranked better than
60.78% of 385 companies
in the Insurance industry
Industry Median: 0.25 vs MURGF: 0.16

Munchener Ruckversicherungs-Gesellschaft AG Debt-to-Equity Historical Data

The historical data trend for Munchener Ruckversicherungs-Gesellschaft AG'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.

Munchener Ruckversicherungs-Gesellschaft AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.17

0.23

0.22

0.18

0.16

Munchener Ruckversicherungs-Gesellschaft AG 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																0.18	0.17	0.17	0.17	0.16

Competitive Comparison

For the Insurance - Reinsurance subindustry, Munchener Ruckversicherungs-Gesellschaft AG'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.

Munchener Ruckversicherungs-Gesellschaft AG Debt-to-Equity Distribution

For the Insurance industry and Financial Services sector, Munchener Ruckversicherungs-Gesellschaft AG's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Munchener Ruckversicherungs-Gesellschaft AG's Debt-to-Equity falls into.

Munchener Ruckversicherungs-Gesellschaft AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Munchener Ruckversicherungs-Gesellschaft AG'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	+	5139.586)	/	32332.606
	=	0.16

Munchener Ruckversicherungs-Gesellschaft AG'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	+	5139.586)	/	32332.606
	=	0.16

Munchener Ruckversicherungs-Gesellschaft AG (OTCPK:MURGF) 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.

Munchener Ruckversicherungs-Gesellschaft AG Debt-to-Equity Related Terms

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Munchener Ruckversicherungs-Gesellschaft AG (Munchener Ruckversicherungs-Gesellschaft AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Munchener Ruckversicherungs-Gesellschaft AG (OTCPK:MURGF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MURGY:USA MUV2:Italy MUV2d:UK 0KFE:UK MUV2:Germany MUVB:Germany MUV2:Germany MUV2:Germany MUVB:Germany MUV2:Germany

Address

Koniginstrasse 107, Munich, BY, DEU, 80802

Website

https://www.munichre.com

Munich Re was founded in 1880 by Carl Thieme amid a flurry of other reinsurance companies set up independent of primaries. In those early days, most reinsurers typically focussed on a few customers with strong reputations. Thieme focussed on a broader set of cedents in order to drive stronger growth in premiums. This coincided with a strategy of risk diversification and a preference to partner rather than take on a one-sided transfer of risk. In the 1890s, Munich introduced the first machinery insurance. After Thieme and Fink founded Allianz, this was the main channel to sell insurance on machinery. We think the approach of partnering with insurers and preferring to avoid one-sided risk, in conjunction with combining inspection and insurance services, remains at the heart of the firm.

Executives

Michael Kerner

Board of Directors