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Axis Capital Holdings (FRA:AXV) Debt-to-EBITDA : 1.25 (As of Dec. 2024)


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What is Axis Capital Holdings Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Axis Capital Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €0 Mil. Axis Capital Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €1,421 Mil. Axis Capital Holdings's annualized EBITDA for the quarter that ended in Dec. 2024 was €1,134 Mil. Axis Capital Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 1.25.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Axis Capital Holdings's Debt-to-EBITDA or its related term are showing as below:

FRA:AXV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.88   Med: 2.32   Max: 123.79
Current: 1.32

During the past 13 years, the highest Debt-to-EBITDA Ratio of Axis Capital Holdings was 123.79. The lowest was -4.88. And the median was 2.32.

FRA:AXV's Debt-to-EBITDA is ranked worse than
51.52% of 297 companies
in the Insurance industry
Industry Median: 1.26 vs FRA:AXV: 1.32

Axis Capital Holdings Debt-to-EBITDA Historical Data

The historical data trend for Axis Capital Holdings's Debt-to-EBITDA 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.

Axis Capital Holdings Debt-to-EBITDA Chart

Axis Capital Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 123.79 1.84 4.00 2.81 1.32

Axis Capital Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Debt-to-EBITDA 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 -2.47 1.26 1.38 1.46 1.25

Competitive Comparison of Axis Capital Holdings's Debt-to-EBITDA

For the Insurance - Specialty subindustry, Axis Capital Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Axis Capital Holdings's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Axis Capital Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Axis Capital Holdings's Debt-to-EBITDA falls into.


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Axis Capital Holdings Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Axis Capital Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 1421.205) / 1080.401
=1.32

Axis Capital Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 1421.205) / 1133.988
=1.25

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2024) EBITDA data.


Axis Capital Holdings  (FRA:AXV) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Axis Capital Holdings Debt-to-EBITDA Related Terms

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


Axis Capital Holdings Business Description

Traded in Other Exchanges
Address
92 Pitts Bay Road, Pembroke, BMU, HM 08
Axis Capital Holdings Ltd is a specialty underwriter and provider of insurance and reinsurance solutions with operations in Bermuda, the United States ("U.S."), Europe, Singapore, and Canada. The company manages its portfolio holistically, aiming to construct an optimum consolidated portfolio of funded and unfunded risks. The company's segment consists of AXIS Insurance and AXIS Reinsurance. The company generates the majority of its revenue from the Insurance segment. Geographically, the company generates the majority of its revenue from the United States.

Axis Capital Holdings Headlines

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