Market Cap : 4.27 B | Enterprise Value : 4.43 B | PE Ratio : 6.47 | PB Ratio : 1.05 |
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Enact Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $0 Mil. Enact Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $741 Mil. Enact Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2022 was $4,049 Mil. Enact Holdings's debt to equity for the quarter that ended in Mar. 2022 was 0.18.
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 Enact Holdings's Debt-to-Equity or its related term are showing as below:
During the past 3 years, the highest Debt-to-Equity Ratio of Enact Holdings was 0.19. The lowest was 0.18. And the median was 0.18.
ACT's Debt-to-Equity is ranked better thanThe historical data trend for Enact Holdings'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.
For the Insurance - Specialty subindustry, Enact Holdings'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.
For the Insurance industry and Financial Services sector, Enact Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Enact Holdings's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Enact Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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 | + | 740.416) | / | 4105.523 | |
= | 0.18 |
Enact Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2022 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 | + | 741.004) | / | 4048.589 | |
= | 0.18 |
* 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.
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.
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.
Thank you for viewing the detailed overview of Enact Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Bless Michael A | director | C/O ROCKWELL INTERNATIONAL INC 777 E. WISCONSIN AVE #1400 MILWAUKEE WI 53202 |
Sheehan Daniel J Iv | director | 6620 WEST BROAD STREET RICHMOND VA 23230 |
Mitchell Hardin Dean | officer: EVP, CFO and Treasurer | 8325 SIX FORKS ROAD RALEIGH NC 27615 |
Gould Brian | officer: EVP & Chief Operations Officer | 8325 SIX FORKS ROAD RALEIGH NC 27615 |
Derstine Michael | officer: EVP and Chief Risk Officer | 8325 SIX FORKS ROAD RALEIGH NC 27615 |
Stolove Evan | officer: EVP, Gen. Counsel & Secretary | 8325 SIX FORKS ROAD RALEIGH NC 27615 |
Mcmullen James | officer: Controller | C/O GENWORTH MORTGAGE HOLDINGS, INC. 8325 SIX FORKS ROAD RALEIGH NC 27615 |
Genworth Holdings, Inc. | 10 percent owner | 6620 WEST BROAD STREET RICHMOND VA 23230 |
Gupta Rohit | director, officer: President and CEO | C/O GENWORTH FINANCIAL, INC. 6620 WEST BROAD STREET RICHMOND VA 23230 |
Waleski Anne G | director | 1508 WEST AVENUE RICHMOND VA 23220 |
Thompson Westley V | director | THE PHOENIX COMPANIES, INC. ONE AMERICAN ROW HARTFORD CT 06102 |
Mcinerney Thomas J | director | 6620 WEST BROAD STREET RICHMOND VA 23230 |
Still Debra | director | 520 MADISON AVE, 32ND FL C/O CHIMERA INVESTMENT CORPORATION NEW YORK NY 10022 |
Hooda Sheila | director | C/O VIRTUS INVESTMENT PARTNERS, INC. 100 PEARL STREET HARTFORD CT 06103 |
Fisk John D | director | C/O AGNC INVESTMENT CORP. 2 BETHESDA METRO CENTER, 12TH FLOOR BETHESDA MD 20814 |
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