Admiral Group (Admiral Group) Debt-to-Equity

: 1.22 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

Admiral Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Admiral Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,533 Mil. Admiral Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,255 Mil. Admiral Group's debt to equity for the quarter that ended in Dec. 2023 was 1.22.

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

AMIGY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 0.57 Max: 1.22
Current: 1.22

During the past 13 years, the highest Debt-to-Equity Ratio of Admiral Group was 1.22. The lowest was 0.35. And the median was 0.57.

AMIGY's Debt-to-Equity is ranked worse than
90.05% of 382 companies
in the Insurance industry
Industry Median: 0.245 vs AMIGY: 1.22

Admiral Group Debt-to-Equity Historical Data

The historical data trend for Admiral 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.

Admiral Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.73

0.55

0.61

1.16

1.22

Admiral Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.61	0.85	1.16	1.37	1.22

Competitive Comparison

For the Insurance - Property & Casualty subindustry, Admiral 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.

Admiral Group Debt-to-Equity Distribution

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

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

Admiral Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Admiral Group'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
	=	(0	+	1532.911)	/	1255.443
	=	1.22

Admiral Group'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
	=	(0	+	1532.911)	/	1255.443
	=	1.22

Admiral Group (OTCPK:AMIGY) 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.

Admiral Group Debt-to-Equity Related Terms

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

Admiral Group (Admiral Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Admiral Group PLC (OTCPK:AMIGY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ADMl:UK ADM:UK FLN:Germany

Address

David Street, Ty Admiral, Cardiff, GBR, CF10 2EH

Website

https://www.admiralgroup.co.uk

Admiral is a personal lines insurance company that operates predominantly in the United Kingdom. The business is mainly a motor insurer, with U.K. motor and international cars accounting for the majority of Admiral's gross written premium. The business also has a nascent but growing U.K. household insurance division. Admiral was established in 1993 to sell motor insurance to nonstandard risk policyholders. These nonstandard risks included younger drivers, female drivers, drivers wanting to pay by credit card, and drivers based in London. Over the years, Admiral has continued to expand its wheelhouse of nonstandard risk selection.

Admiral Group (Admiral Group) Headlines

From GuruFocus

MS Global Franchise Fund Comments on Admiral Group PLC

By Vera Yuan Vera Yuan • 08-21-2014

Jockey Angle: Admiral Group

By Chandan Dubey Chandan Dubey • 12-09-2013