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AXA (XTER:AXA) Debt-to-Asset : 0.11 (As of Jun. 2024)


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What is AXA Debt-to-Asset?

AXA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0 Mil. AXA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €71,091 Mil. AXA's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was €638,931 Mil. AXA's debt to asset for the quarter that ended in Jun. 2024 was 0.11.

AXA Debt-to-Asset Historical Data

The historical data trend for AXA'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.

AXA Debt-to-Asset Chart

AXA 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 0.08 0.08 0.10 0.10 0.09

AXA 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 0.10 0.11 0.09 0.11

Competitive Comparison of AXA's Debt-to-Asset

For the Insurance - Diversified subindustry, AXA'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.

AXA's Debt-to-Asset Distribution in the Insurance Industry

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

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


AXA Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

AXA'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
=(1 + 59541) / 644449
=0.09

AXA'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 + 71091) / 638931
=0.11

* 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.

AXA  (XTER:AXA) 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.

AXA Debt-to-Asset Related Terms

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

AXA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » AXA SA (XTER:AXA) » Definitions » Debt-to-Asset
Comparable Companies
ARW SNX SCSC EACO TAIT NSIT CNXN SPRS CLMB CIIT BRK.A XTER:ALV XSWX:ZURN AIG MIL:G ACGL TSX:SLF XSWX:SLHN OHEL:SAMPO XTER:TLX
Traded in Other Exchanges
AXAHY:USA AXAHF:USA 1CS:Italy CSp:UK 0HAR:UK CS:France AXAA:Germany AXA:Germany AXA:Germany AXAA:Germany AXA:Germany CS:Austria
Address
25, Avenue Matignon, Paris, FRA, 75008
Website
https://www.axa.com
AXA's origins date back to Ancienne Mutuelle, which was one of the few insurers that remained after the creation of the French security system. With the threat of nationalization, a merger took place between three insurance groups: The Drouot Group, AXA (still known as Mutuelles Unies in 1982), and Presence Group. Ten years later, AXA acquired North American life insurer Equitable Holdings. This was a time of expansion as AXA also bought UAP, a French insurer. Yet, as markets crashed at the turn of the millennium, AXA decided to refocus its business and exited its stake in US investment bank Donaldson, Lufkin & Jenrette. A few years later the firm expanded again with the acquisition of Swiss insurer Winterthur. About five years ago, AXA started to reshape its portfolio to technical risks.

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