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White Mountains Insurance Group (FRA:WNI) Debt-to-EBITDA : 0.54 (As of Mar. 2024)


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What is White Mountains Insurance Group Debt-to-EBITDA?

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

White Mountains Insurance Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0 Mil. White Mountains Insurance Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €490 Mil. White Mountains Insurance Group's annualized EBITDA for the quarter that ended in Mar. 2024 was €904 Mil. White Mountains Insurance Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.54.

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

FRA:WNI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.49   Med: 0.59   Max: 17.07
Current: 0.83

During the past 13 years, the highest Debt-to-EBITDA Ratio of White Mountains Insurance Group was 17.07. The lowest was -5.49. And the median was 0.59.

FRA:WNI's Debt-to-EBITDA is ranked better than
64.77% of 298 companies
in the Insurance industry
Industry Median: 1.4 vs FRA:WNI: 0.83

White Mountains Insurance Group Debt-to-EBITDA Historical Data

The historical data trend for White Mountains Insurance Group'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.

White Mountains Insurance Group Debt-to-EBITDA Chart

White Mountains Insurance Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.56 -2.76 -5.49 0.93

White Mountains Insurance Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.66 4.88 4.48 0.42 0.54

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

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


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

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

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



White Mountains Insurance Group Debt-to-EBITDA Calculation

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

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 517.738) / 559.645
=0.93

White Mountains Insurance Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 489.532) / 904.176
=0.54

* 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 (Mar. 2024) EBITDA data.


White Mountains Insurance Group  (FRA:WNI) 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.


White Mountains Insurance Group Debt-to-EBITDA Related Terms

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


White Mountains Insurance Group (FRA:WNI) 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.

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