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MURGF (Munchener Ruckversicherungs-Gesellschaft AG) Debt-to-Asset : 0.02 (As of Sep. 2024)


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What is Munchener Ruckversicherungs-Gesellschaft AG Debt-to-Asset?

Munchener Ruckversicherungs-Gesellschaft AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0 Mil. Munchener Ruckversicherungs-Gesellschaft AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $6,893 Mil. Munchener Ruckversicherungs-Gesellschaft AG's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $310,774 Mil. Munchener Ruckversicherungs-Gesellschaft AG's debt to asset for the quarter that ended in Sep. 2024 was 0.02.


Munchener Ruckversicherungs-Gesellschaft AG Debt-to-Asset Historical Data

The historical data trend for Munchener Ruckversicherungs-Gesellschaft 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.

Munchener Ruckversicherungs-Gesellschaft AG Debt-to-Asset Chart

Munchener Ruckversicherungs-Gesellschaft 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 0.02 0.02 0.02 0.02 0.02

Munchener Ruckversicherungs-Gesellschaft AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of Munchener Ruckversicherungs-Gesellschaft AG's Debt-to-Asset

For the Insurance - Reinsurance subindustry, Munchener Ruckversicherungs-Gesellschaft 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.


Munchener Ruckversicherungs-Gesellschaft AG's Debt-to-Asset Distribution in the Insurance Industry

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

* The bar in red indicates where Munchener Ruckversicherungs-Gesellschaft AG's Debt-to-Asset falls into.



Munchener Ruckversicherungs-Gesellschaft AG Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Munchener Ruckversicherungs-Gesellschaft 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 + 5139.586) / 298574.7
=0.02

Munchener Ruckversicherungs-Gesellschaft AG's Debt-to-Asset for the quarter that ended in Sep. 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 + 6893.452) / 310773.585
=0.02

* 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.


Munchener Ruckversicherungs-Gesellschaft AG  (OTCPK:MURGF) 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.


Munchener Ruckversicherungs-Gesellschaft AG Debt-to-Asset Related Terms

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Munchener Ruckversicherungs-Gesellschaft AG Business Description

Address
Koniginstrasse 107, Munich, BY, DEU, 80802
Munich Re was founded in 1880 by Carl von Thieme amid a flurry of other reinsurance companies set up independent of primaries. Then, most reinsurers typically focused on a few customers with strong reputations. Thieme focused on a broader set of cedents in order to drive stronger growth in premiums. This coincided with a strategy of risk diversification and a preference to partner rather than take on a one-sided transfer of risk. In the 1890s, Munich introduced the first machinery insurance. After von Thieme and Wilhelm von Finck founded Allianz, this was the main channel to sell insurance on machinery. We think the approach of partnering with insurers and preferring to avoid one-sided risk, in conjunction with combining inspection and insurance services, remains at the heart of the firm.
Executives
Michael Kerner Board of Directors