GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » RLI Corp (NYSE:RLI) » Definitions » Debt-to-Equity

RLI (RLI) Debt-to-Equity

: 0.14 (As of Dec. 2023)
View and export this data going back to 1987. Start your Free Trial

RLI's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $100 Mil. RLI's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $100 Mil. RLI's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,414 Mil. RLI's debt to equity for the quarter that ended in Dec. 2023 was 0.14.

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

RLI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13   Med: 0.18   Max: 0.34
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of RLI was 0.34. The lowest was 0.13. And the median was 0.18.

RLI's Debt-to-Equity is ranked better than
63.38% of 385 companies
in the Insurance industry
Industry Median: 0.25 vs RLI: 0.14

RLI Debt-to-Equity Historical Data

The historical data trend for RLI'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.

RLI Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.13 0.16 0.34 0.14

RLI 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 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 Premium Member Only Premium Member Only Premium Member Only 0.34 0.15 0.15 0.08 0.14

Competitive Comparison

For the Insurance - Property & Casualty subindustry, RLI'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.


RLI Debt-to-Equity Distribution

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

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



RLI Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

RLI'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.


RLI  (NYSE:RLI) 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.


RLI Debt-to-Equity Related Terms

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


RLI (RLI) Business Description

Traded in Other Exchanges
Address
9025 North Lindbergh Drive, Peoria, IL, USA, 61615
RLI Corp underwrites property and casualty insurance through its subsidiaries. The company offers insurance coverage in the specialty admitted market, where the products are designed for special risks. It also offers products in the excess and surplus markets, which provides an alternative for customers with risks or loss exposures that generally cannot be written in the standard admitted market. RLI distributes property and casualty insurance through its wholly-owned branch offices that market to wholesale and retail producers. The company's insurance operation segments include casualty, property, and surety and it derives a majority of its revenue from the Casualty segment.
Executives
Michael J Stone other: President RLI Insurance Compan C/O RLI CORP, 9025 N. LINDBERGH DR., PEORIA IL 61615
Michael E Angelina director C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVENUE, WHITE PLAINS NY 10471
Paul Bennett Medini director THE ACE BUILDING, 17 WOODHOURNE AVE, HAMILTON BERMUDA D0 HM 08
Susan S. Fleming director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Seth Anthony Davis officer: Vice President, Controller 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Debbie Sharell Roberts director 204 W. 59TH STREET, BURR RIDGE IL 60527
Kaj Ahlmann director 17945 ROSEWOOD STREET, STILWELL KS 66085
Aaron Paul Diefenthaler officer: VP, CIO 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Restrepo Robert P Jr director
Calvin Jr Butler director 10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Todd Wayne Bryant officer: Vice President, Controller 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Jennifer L Klobnak other: Sr. VP, Operations - RLI Ins. 9025 N LINDBERGH DRIVE, PEORIA IL 61615
James J. Scanlan director 6 TODMORDEN LANE, ROSE VALLEY PA 19086
Gerald I Lenrow director 4052 MANSION DR N.W., WASHINGTON DC 20007
Jonathan E Michael director, officer: President C/O RLI CORP, 9025 N. LINDBERGH DR., PEORIA IL 61615