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HCI Group (HCI Group) Debt-to-Equity

: 0.65 (As of Dec. 2023)
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HCI Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.4 Mil. HCI Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $208.5 Mil. HCI Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $324.8 Mil. HCI Group's debt to equity for the quarter that ended in Dec. 2023 was 0.65.

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

HCI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19   Med: 0.8   Max: 1.38
Current: 0.65

During the past 13 years, the highest Debt-to-Equity Ratio of HCI Group was 1.38. The lowest was 0.19. And the median was 0.80.

HCI's Debt-to-Equity is ranked worse than
81.41% of 382 companies
in the Insurance industry
Industry Median: 0.245 vs HCI: 0.65

HCI Group Debt-to-Equity Historical Data

The historical data trend for HCI 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.

HCI 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 0.94 0.92 0.19 1.31 0.65

HCI 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 1.31 1.10 1.11 1.05 0.65

Competitive Comparison

For the Insurance - Property & Casualty subindustry, HCI 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.


HCI Group Debt-to-Equity Distribution

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

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



HCI Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

HCI 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.


HCI Group  (NYSE:HCI) 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.


HCI Group Debt-to-Equity Related Terms

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


HCI Group (HCI Group) Business Description

Traded in Other Exchanges
Address
3802 Coconut Palm Drive, Tampa, FL, USA, 33619
HCI Group Inc is primarily engaged in the property and casualty insurance business through two Florida domiciled insurance companies, Homeowners Choice Property & Casualty Insurance Company (HCPCI) and TypTap Insurance Company (TypTap). Both HCPCI and TypTap are authorized to underwrite various homeowners' property and casualty insurance products and allied lines business in the state of Florida and other states. The operating segments of the group are HCPCI insurance operations, TypTap Group, Real estate operations, and Corporate and other. It derives key revenue from the HCPCI Insurance operation segment.
Executives
James Mark Harmsworth officer: Chief Financial Officer 5300 W CYPRESS ST, SUITE 100, TAMPA FL 33607
Lauren L Valiente director 3802 COCONUT PALM DRIVE, TAMPA FL 33619
Susan Watts director 5300 W CYPRESS ST, SUITE 100, TAMPA FL 33607
Andrew L. Graham officer: VP/Corporate Secretary 3802 COCONUT PALM DRIVE, TAMPA FL 33619
Robert Wayne Burks director 1009 S STERLING AVENUE, TAMPA FL 33629
Paresh Patel director 1520 GULF BLVD., APT. 1706, CLEARWATER FL 33767
Peter Politis director 3802 COCONUT PALM DRIVE, TAMPA FL 33619
Gregory Politis director 965 SOUTH BAYSHORE BLVD., SAFETY HARBOR FL 34695
Eric Brandon Hoffman director C/O INTREPID GROUP HOLDINGS, LLC, ONE STAMFORD PLAZA, 263 TRESSER BLVD., STAMFORD CT 06901
George Apostolou director 3802 COCONUT PALM DRIVE, TAMPA FL 33619
Anthony Saravanos director 3802 COCONUT PALM DRIVE, TAMPA FL 33619
Karin Sue Coleman officer: Executive Vice President 5300 W CYPRESS ST, SUITE 100, TAMPA FL 33607
James J Macchiarola director 3671 EXECUTIVE DRIVE, PALM HARBOR FL 34685
Loreen M Spencer director 5300 W CYPRESS ST, SUITE 100, TAMPA FL 33607
Harish M Patel director 7620 PARADISE POINT CIRCLE SOUTH, ST. PETERSBURG FL 33711