Triple-S Management (Triple-S Management) Debt-to-Equity : 0.05 (As of Sep. 2021)

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What is Triple-S Management Debt-to-Equity?

Triple-S Management's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $0 Mil. Triple-S Management's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $49 Mil. Triple-S Management's Total Stockholders Equity for the quarter that ended in Sep. 2021 was $1,018 Mil. Triple-S Management's debt to equity for the quarter that ended in Sep. 2021 was 0.05.

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 Triple-S Management's Debt-to-Equity or its related term are showing as below:

GTS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.18 Max: 0.61
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Triple-S Management was 0.61. The lowest was 0.03. And the median was 0.18.

GTS's Debt-to-Equity is not ranked
in the Healthcare Plans industry.
Industry Median: 0.465 vs GTS: 0.05

Triple-S Management Debt-to-Equity Historical Data

The historical data trend for Triple-S Management'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.

Triple-S Management Debt-to-Equity Chart

Triple-S Management Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

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0.04

0.08

0.09

Triple-S Management Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Debt-to-Equity	Get a 7-Day Free Trial															0.14	0.09	0.09	0.10	0.05

Competitive Comparison of Triple-S Management's Debt-to-Equity

For the Healthcare Plans subindustry, Triple-S Management'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.

Triple-S Management's Debt-to-Equity Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Triple-S Management's Debt-to-Equity distribution charts can be found below:

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

Triple-S Management Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Triple-S Management's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
	=	(30	+	52.751)	/	968.23
	=	0.09

Triple-S Management's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	49.498)	/	1017.674
	=	0.05

Triple-S Management (NYSE:GTS) 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.

Triple-S Management Debt-to-Equity Related Terms

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

Triple-S Management (Triple-S Management) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Triple-S Management Corp (NYSE:GTS) » Definitions » Debt-to-Equity

Comparable Companies

BFYT PFHO MGLN UNH CVS ANTM CI HUM CNC MOH BSP:GNDI3 BSP:ODPV3 SZSE:000503 BSP:QUAL3 ROCO:6665 MIL:HI OSTO:FEEL TSXV:NXG

Traded in Other Exchanges

N/A

Address

1441 F.D. Roosevelt Avenue, San Juan, PRI, 00920

Website

http://www.triplesmanagement.com

Triple-S Management Corp is a diversified insurance provider that operates in Puerto Rico. The company operates three segments including Managed Care, Life insurance; and Property and casualty insurance. It generates the vast majority of its revenue through premiums earned from the sale of managed care products to the Commercial, Medicare Advantage, and Medicaid sectors. Triple-S generally receives revenues from premiums, administrative service fees, and investment income.

Executives

Arturo Carrion	officer: President, Triple-S Vida, Inc.	PO BOX 363628 SAN JUAN PR 00936-3628
Juan R Serrano	officer: Chief Strategy & HCD Officer	PO BOX 363628 SAN JUAN PR 00936
Stephen Ondra	director	150 ALLEN ROAD, SUITE 201, BASKING RIDGE NJ 07920
Joseph A. Frick	director	ONE COMMERCE SQUARE 2005 MARKET ST., SUITE 3300 19103 PR 19073
Chafey David H Jr	director	P O BOX 362708, SAN JUAN PR 936-2708
Gail Boxer Marcus	director	201 INDUSTRIAL ROAD, SUITE 410, SAN CARLOS CA 94070
Manuel Figueroa	director	P.O. BOX 363628 SAN JUAN PR 00936-3628
Luis A Clavell	director	PO BOX 363628 SAN JUAN PR 00936-3628
Cari M Dominguez	director	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Maria-ros Roberto Santa	director	1441 F.D. ROOSEVELT AVE 6TH FLOOR SAN JUAN PR 00936
Ilia Rodriguez	officer: Chief Human Resources Officer	1441 F.D. ROOSEVELT AVE., 6TH FLOOR SAN JUAN PR 00836
Pedro Aponte	officer: Chief Information Officer	1441 F.D ROOSEVELT AVENUE, 6TH FLOOR SAN JUAN PR 00936
Ivelisse Fernandez	officer: CMCO	1441 F.D. ROOSEVELT AVE., 6TH FLOOR SAN JUAN PR 00936
Del Amo Mojica Jose	officer: President, TSP and TIA	1441 F.D. ROOSEVELT AVE., 6TH FLOOR SAN JUAN PR 00936
Jose E. Novoa-loyola	officer: Chief Medical Officer	1441 F.D ROOSEVELT AVE. 6TH FLOOR SAN JUAN PR 00936