Swiss Re AG (Swiss Re AG) Debt-to-Equity : 0.61 (As of Dec. 2023)

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Swiss Re AG Debt-to-Equity Definition

Swiss Re AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Swiss Re AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9,817 Mil. Swiss Re AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $16,146 Mil. Swiss Re AG's debt to equity for the quarter that ended in Dec. 2023 was 0.61.

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 Swiss Re AG's Debt-to-Equity or its related term are showing as below:

SSREF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 0.41 Max: 0.93
Current: 0.61

During the past 13 years, the highest Debt-to-Equity Ratio of Swiss Re AG was 0.93. The lowest was 0.32. And the median was 0.41.

SSREF's Debt-to-Equity is ranked worse than
78.8% of 382 companies
in the Insurance industry
Industry Median: 0.245 vs SSREF: 0.61

Swiss Re AG Debt-to-Equity Historical Data

The historical data trend for Swiss Re AG'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.

Swiss Re AG Debt-to-Equity Chart

Swiss Re AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.40

0.44

0.49

0.93

0.61

Swiss Re AG 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															0.49	0.89	0.93	0.88	0.61

Competitive Comparison

For the Insurance - Reinsurance subindustry, Swiss Re AG'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.

Swiss Re AG Debt-to-Equity Distribution

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

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

Swiss Re AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Swiss Re AG'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	+	9817)	/	16146
	=	0.61

Swiss Re AG'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	+	9817)	/	16146
	=	0.61

Swiss Re AG (OTCPK:SSREF) 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.

Swiss Re AG Debt-to-Equity Related Terms

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Swiss Re AG (Swiss Re AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Swiss Re AG (OTCPK:SSREF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SSREY:USA SREN:Mexico SRENz:UK SR9A:Germany SREN:Switzerland

Address

Mythenquai 50/60, Zurich, CHE, 8022

Website

https://www.swissre.com

Swiss Re is a reinsurer that has three core divisions: property and casualty reinsurance, life and health reinsurance, and corporate solutions. Swiss Re was founded in 1863 when the general manager of Helvetia sought to stem the flow of reinsurance premiums outside Switzerland. Moritz Grossmann argued he could cut the premiums paid to foreign firms, still make a profit, and pay mid-single-digit dividends. Swiss Re is now the second-largest reinsurer in the world by market cap, has 80 offices globally, and employs nearly 15,000 people. While the business did lose its way in the early part of the millennium, led by an ex-investment banker who took the business heavily into securitizations, lately Swiss Re has been focused on establishing quality within its three core divisions.

Swiss Re AG (Swiss Re AG) Headlines

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