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Great-West Lifeco Debt-to-Equity

: 0.38 (As of Jun. 2021)
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Great-West Lifeco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $0 Mil. Great-West Lifeco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $7,613 Mil. Great-West Lifeco's Total Stockholders Equity for the quarter that ended in Jun. 2021 was $20,250 Mil. Great-West Lifeco's debt to equity for the quarter that ended in Jun. 2021 was 0.38.

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 Great-West Lifeco's Debt-to-Equity or its related term are showing as below:

OTCPK:GWLIF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18   Med: 0.3   Max: 0.54
Current: 0.38

0.18
0.54

During the past 13 years, the highest Debt-to-Equity Ratio of Great-West Lifeco was 0.54. The lowest was 0.18. And the median was 0.30.

OTCPK:GWLIF's Debt-to-Equity is ranked higher than
53% of the 148 Companies
in the Insurance industry.

( Industry Median: 0.25 vs. OTCPK:GWLIF: 0.38 )

Great-West Lifeco Debt-to-Equity Historical Data

The historical data trend for Great-West Lifeco'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.

Great-West Lifeco Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.28 0.28 0.31 0.45

Great-West Lifeco Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 0.29 0.39 0.45 0.39 0.38

Competitive Comparison

For the Insurance - Life subindustry, Great-West Lifeco'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.

   

Great-West Lifeco Debt-to-Equity Distribution

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

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



Great-West Lifeco Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Great-West Lifeco'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
=(1547.3495198688 + 6810.0554297759) / 18758.685299399
=0.45

Great-West Lifeco's Debt to Equity Ratio for the quarter that ended in Jun. 2021 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.


Great-West Lifeco  (OTCPK:GWLIF) 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.


Great-West Lifeco Debt-to-Equity Related Terms

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


Great-West Lifeco Business Description

Great-West Lifeco logo
Industry
Financial Services » Insurance NAICS : 524113 SIC : 7311
Address
100 Osborne Street North, Winnipeg, MB, CAN, R3C 1V3
Great-West Lifeco is one of the three big Canadian life insurance firms. With just under half of the firm's profit and revenue in Canada, Great-West also operates in the U.S. and Europe. In Canada, Great-West provides both individual and group insurance. In the United States, Great-West operates Putnam Investments and defined-contribution recordkeeping firm Empower Retirement. In 2020, Great-West announced it would acquire Personal Capital and MassMutual's recordkeeping business. In Europe, Great-West offers life insurance, annuities, and reinsurance primarily in the U.K., Ireland, and Germany.

Great-West Lifeco Headlines

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