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White Mountains Insurance Group (White Mountains Insurance Group) Debt-to-Equity : 0.13 (As of Dec. 2023)


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White Mountains Insurance Group Debt-to-Equity Definition

White Mountains Insurance Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. White Mountains Insurance Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $565 Mil. White Mountains Insurance Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $4,241 Mil. White Mountains Insurance Group's debt to equity for the quarter that ended in Dec. 2023 was 0.13.

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

WTM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.09   Max: 0.18
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of White Mountains Insurance Group was 0.18. The lowest was 0.00. And the median was 0.09.

WTM's Debt-to-Equity is ranked better than
65.18% of 382 companies
in the Insurance industry
Industry Median: 0.245 vs WTM: 0.13

White Mountains Insurance Group Debt-to-Equity Historical Data

The historical data trend for White Mountains Insurance 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.

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White Mountains Insurance Group Debt-to-Equity Chart

White Mountains Insurance 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 0.09 0.10 0.18 0.15 0.13

White Mountains Insurance 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 0.15 0.14 0.14 0.14 0.13

Competitive Comparison of White Mountains Insurance Group's Debt-to-Equity

For the Insurance - Property & Casualty subindustry, White Mountains Insurance 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.


White Mountains Insurance Group's Debt-to-Equity Distribution in the Insurance Industry

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

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



White Mountains Insurance Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

White Mountains Insurance 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.


White Mountains Insurance Group  (NYSE:WTM) 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.


White Mountains Insurance Group Debt-to-Equity Related Terms

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


White Mountains Insurance Group (White Mountains Insurance Group) Business Description

Traded in Other Exchanges
Address
23 South Main Street, Suite 3B, Hanover, NH, USA, 03755-2053
White Mountains Insurance Group Ltd is engaged in the business of making opportunistic and value-oriented acquisitions of businesses and assets in the insurance, financial services and related sectors, operating these businesses and assets through its subsidiaries and, if and when attractive exit valuations become available, disposing of these businesses and assets. The company conducts its business in four areas: municipal bond insurance, property and casualty insurance and reinsurance, capital solutions for asset and wealth management firms and other operations. White Mountains's municipal bond insurance business is conducted through its subsidiary HG Global Ltd. and its reinsurance subsidiary HG Re Ltd.
Executives
Weston M Hicks director C/O ALLEGHANY CORPORATION, 1411 BROADWAY, 34TH FLOOR, NEW YORK NY 10018
Steven Yi director 700 SOUTH FLOWER STREET, SUITE 640, LOS ANGELES CA 90017
Michaela Hildreth officer: Chief Accounting Officer 23 S MAIN STREET, SUITE 3B, HANOVER NH 03755
Peter M Carlson director BRIGHTHOUSE FINANCIAL, INC., 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Morgan W Davis director 80 SOUTH MAIN STREET, HANOVER NH 03755
Suzanne F. Shank director C/O PENSARE SPONSOR GROUP, LLC, 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Mary C Choksi director
Philip A Gelston director 80 SOUTH MAIN ST, C/O WHITE MOUNTAINS, HANOVER NH 03755
David Allen Tanner director C/O ARLON GROUP LLC, 277 PARK AVE, NEW YORK NY 10172
Margaret Dillon director C/O GUIDEWIRE SOFTWARE, INC., 2850 DELAWARE ST. STE 400, SAN MATEO CA 94403
Liam P Caffrey officer: EVP & Chief Financial Officer 23 S MAIN STREET, STE. 3B, HANOVER NH 03755
Robert Lawrence Seelig officer: EVP & General Counsel
George Manning Rountree director, officer: Chief Executive Officer C/O 80 SOUTH MAIN STREET, HANOVER NH 03755
Reid Tarlton Campbell officer: EVP & Chief Financial Officer C/O WHITE MOUNTAINS INSURANCE GROUP, 80 SOUTH MAIN STREET, HANOVER NH 03755
Lowndes Andrew Smith director C/O WHITE MOUNTIAN INSURANCE GROUP, 80 S MIAN ST, HANOVER NH 03755