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Swiss Re AG (CHIX:SRENZ) Debt-to-Asset : 0.06 (As of Jun. 2024)


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What is Swiss Re AG Debt-to-Asset?

Swiss Re AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was CHF0 Mil. Swiss Re AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was CHF7,224 Mil. Swiss Re AG's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was CHF113,976 Mil. Swiss Re AG's debt to asset for the quarter that ended in Jun. 2024 was 0.06.

Swiss Re AG Debt-to-Asset Historical Data

The historical data trend for Swiss Re AG's Debt-to-Asset 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-Asset Chart

Swiss Re AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.07 0.06 0.07 0.06

Swiss Re AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Asset 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 0.08 0.07 0.06 0.06 0.06

Competitive Comparison of Swiss Re AG's Debt-to-Asset

For the Insurance - Reinsurance subindustry, Swiss Re AG's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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's Debt-to-Asset Distribution in the Insurance Industry

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

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


Swiss Re AG Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Swiss Re AG's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 8489.742) / 155297.325
=0.05

Swiss Re AG's Debt-to-Asset for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 7223.692) / 113976.482
=0.06

* 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.

Swiss Re AG  (CHIX:SRENz) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Swiss Re AG Debt-to-Asset Related Terms

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Swiss Re AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Swiss Re AG (CHIX:SRENz) » Definitions » Debt-to-Asset
Comparable Companies
OSTO:BOAT OSTO:KABE B OSTO:MEKO OSTO:VBG B OSTO:NILS XTER:MUV2 XTER:HNR1 EG RNR RGA XPAR:SCR BOM:540755 HKSE:01508 XPAR:COFA SPNT TSX:BNRE LSE:CRE XKRX:003690 BSP:IRBR3 XZIM:ZIMR.ZW
Traded in Other Exchanges
SSREY:USA SSREF:USA SR9A:Germany SREN:Switzerland
Address
Mythenquai 50/60, P.O. Box 8022, Zurich, CHE, 8002
Website
https://www.swissre.com
Swiss Re is a reinsurer that has three core divisions: property-casualty reinsurance, life and health reinsurance, and corporate solutions. Swiss 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 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 investment banker who took the business heavily into securitizations, lately Swiss has been focused on establishing quality within its three core divisions.

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