Tiptree (Tiptree) Debt-to-Equity

: 1.06 (As of Dec. 2023)

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Tiptree's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $197 Mil. Tiptree's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $243 Mil. Tiptree's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $417 Mil. Tiptree's debt to equity for the quarter that ended in Dec. 2023 was 1.06.

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

TIPT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.74 Med: 1.08 Max: 2.02
Current: 1.06

During the past 13 years, the highest Debt-to-Equity Ratio of Tiptree was 2.02. The lowest was 0.74. And the median was 1.08.

TIPT's Debt-to-Equity is ranked worse than
89.01% of 382 companies
in the Insurance industry
Industry Median: 0.245 vs TIPT: 1.06

Tiptree Debt-to-Equity Historical Data

The historical data trend for Tiptree'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.

Tiptree Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.94

1.22

1.11

0.74

1.06

Tiptree 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																0.74	0.97	0.99	0.92	1.06

Competitive Comparison

For the Insurance - Specialty subindustry, Tiptree'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.

Tiptree Debt-to-Equity Distribution

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

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

Tiptree Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tiptree'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
	=	(197.138	+	242.859)	/	416.866
	=	1.06

Tiptree'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
	=	(197.138	+	242.859)	/	416.866
	=	1.06

Tiptree (NAS:TIPT) 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.

Tiptree Debt-to-Equity Related Terms

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

Tiptree (Tiptree) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Tiptree Inc (NAS:TIPT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

660 Steamboat Road, 2nd Floor, Greenwich, CT, USA, 06830

Website

https://www.tiptreeinc.com

Tiptree Inc is a United States-based company that provides specialty insurance products and related services. It has two reportable segments: Insurance and Mortgage. It generates maximum revenue from the Insurance segment. The insurance segment provides specialty insurance, warranty products and related administration services; and the Mortgage segment originates, sell and service conventional, conforming agency and government-insured residential mortgage loans.

Executives

Neil Charles Rifkind	officer: General Counsel and Secretary	C/O TIPTREE INC., 660 STEAMBOAT ROAD, 2ND FL, GREENWICH CT 06830
Jonathan Ilany	director	PO BOX 180, WINCHESTER CENTER CT 06094
Scott T. Mckinney	officer: Chief Financial Officer	660 STEAMBOAT ROAD, 2ND FLOOR, GREENWICH CT 06830
Sandra Bell	officer: Chief Financial Officer	C/O TIPTREE INC., 660 STEAMBOAT ROAD, 2ND FL, GREENWICH CT 06830
Randy Maultsby	officer: President	C/O TIPTREE INC., 660 STEAMBOAT ROAD, 2ND FL, GREENWICH CT 06830
Arif Inayatullah	10 percent owner	C/O TIPTREE INC., 660 STEAMBOAT ROAD, 2ND FL, GREENWICH CT 06830
Paul M Friedman	director	11 DEERFIELD LANE, SCARSDALE NY 10583
Dominique Mielle	director	C/O ANWORTH MORTGAGE ASSET CORPORATION, 1299 OCEAN AVENUE, SECOND FLOOR, SANTA MONICA CA 90401
Michael Gene Barnes	director, officer: Vice Chairman of the Board	TRICADIA CAPITAL, 299 PARK AVENUE, 13TH FLOOR, NEW YORK NY 10171
Nomura Securities Co Ltd	10 percent owner	13-1, NIHONBASHI 1-CHOME, CHUO-KU, TOKYO M0 103-8011
Prosight Specialty Insurance Group, Inc.	10 percent owner	412 MT. KEMBLE AVENUE, SUITE 300C, MORRISTOWN NJ 07960
New York Marine & General Insurance Co	10 percent owner	412 MT. KEMBLE AVENUE, SUITE 300C, MORRISTOWN NJ 07960
Prosight Global, Inc.	10 percent owner	412 MT. KEMBLE AVENUE, SUITE 300C, MORRISTOWN NJ 07960
Gotham Insurance Co	10 percent owner	412 MT. KEMBLE AVENUE, SUITE 300C, MORRISTOWN NJ 07960
Southwest Marine & General Insurance Co	10 percent owner	412 MT. KEMBLE AVENUE, SUITE 300C, MORRISTOWN NJ 07960