GLRE (Greenlight Capital Re) Debt-to-EBITDA : 0.03 (As of Mar. 2026) — 98% Below Median

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Director of Data and Quant Analytics at GuruFocus
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GLRE Greenlight Capital Re Ltd GLRE
62 GF Score
Price $16.63
GF Value $16.49
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Greenlight Capital Re Debt-to-EBITDA?

Greenlight Capital Re GLRE -0.06% 62 Debt-to-EBITDA is 0.03 as of Mar. 2026, which is 98% below its 10-year median of 1.71. GuruFocus rates GLRE with a GF Score™ of 62/100 and a GF Value™ of $16.49 (Fairly Valued). The stock has 6 warning signs investors should review. Among 319 Insurance companies, Greenlight Capital Re ranks better than 90.28% on this metric.

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

Greenlight Capital Re's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $4.7 Mil. Greenlight Capital Re's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.0 Mil. Greenlight Capital Re's annualized EBITDA for the quarter that ended in Mar. 2026 was $144.0 Mil. Greenlight Capital Re's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.03.

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 Greenlight Capital Re's Debt-to-EBITDA or its related term are showing as below:

GLRE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.26   Med: 1.71   Max: 18.3
Current: 0.06

During the past 13 years, the highest Debt-to-EBITDA Ratio of Greenlight Capital Re was 18.30. The lowest was -0.26. And the median was 1.71.

GLRE's Debt-to-EBITDA is ranked better than
90.28% of 319 companies
in the Insurance industry
Industry Median: 1.19 vs GLRE: 0.06

Greenlight Capital Re  (NAS:GLRE) 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.


Greenlight Capital Re Debt-to-EBITDA Related Terms


Greenlight Capital Re Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Greenlight Capital Re'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.

Greenlight Capital Re Debt-to-EBITDA Chart

Greenlight Capital Re Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.50 2.27 0.77 1.15 0.06

Greenlight Capital Re Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.46 7.58 -3.69 0.02 0.03

GLRE vs KG, OXBR, RGA: Debt-to-EBITDA Comparison

For the Insurance - Reinsurance subindustry, Greenlight Capital Re'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.


Greenlight Capital Re Debt-to-EBITDA vs Insurance Industry

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

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


GLRE
62GF Score
Greenlight Capital Re Ltd GLRE
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greenlight Capital Re Debt-to-EBITDA Calculation

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

Greenlight Capital Re's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.724 + 0) / 83.098
=0.06

Greenlight Capital Re's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.739 + 0) / 143.984
=0.03

* 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. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.03 mean?
Greenlight Capital Re (GLRE) has a Debt-to-EBITDA of 0.03 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Greenlight Capital Re. This is 98% below median its historical median of 1.71. According to the industry distribution chart, Greenlight Capital Re ranks #31 out of 319 companies in the Insurance industry, placing it in the top 9.7%.
Is Greenlight Capital Re's Debt-to-EBITDA too high?
Greenlight Capital Re's current Debt-to-EBITDA of 0.03 is 98% below median its 10-year median of 1.71. The Insurance industry median Debt-to-EBITDA is 1.19. Greenlight Capital Re's value of 0.03 is 97.5% below this industry median. Based on the distribution chart, Greenlight Capital Re ranks #31 out of 319 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Greenlight Capital Re has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Greenlight Capital Re's Debt-to-EBITDA compare to KG and OXBR?
According to the Insurance industry distribution chart, Greenlight Capital Re ranks #31 out of 319 companies for Debt-to-EBITDA. This places Greenlight Capital Re in the top 10% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.19. Greenlight Capital Re's value of 0.03 is 97.5% below this benchmark. While the company's 10-year median is 1.71 vs. the industry median of 1.19, Greenlight Capital Re has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Insurance company?
The median Debt-to-EBITDA among Insurance companies is 1.19, based on 319 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Greenlight Capital Re's current Debt-to-EBITDA of 0.03 is 97.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Greenlight Capital Re. For the Insurance industry, the median Debt-to-EBITDA is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenlight Capital Re's current Debt-to-EBITDA is 0.03, which is 98% below median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenlight Capital Re stock overvalued right now?
Based on GuruFocus' analysis, Greenlight Capital Re (GLRE) is currently considered Fairly Valued. The stock's GF Value™ is $16.49, compared to a current price of $16.63 — trading 0.8% above its estimated fair value. The current Debt-to-EBITDA is 0.03, which is 98% below median its 10-year median of 1.71 and 97.5% below the Insurance industry median of 1.19. Greenlight Capital Re's overall GF Score™ is 62/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Greenlight Capital Re (GLRE), the current Debt-to-EBITDA is 0.03 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Greenlight Capital Re (GLRE) Overvalued in 2026?

Based on GuruFocus' analysis, Greenlight Capital Re stock appears to be overvalued. The current stock price of $16.63 is trading 0.8% above its estimated GF Value™ of $16.49. GuruFocus considers Greenlight Capital Re to be Fairly Valued.

Key valuation signals for GLRE:

  • Debt-to-EBITDA: 0.03 (98% below median its 10-year median of 1.71)
  • GF Value™: $16.49 vs. price of $16.63 (0.8% above fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 97.5% below the Insurance median (#31 of 319)

No single metric tells the full story. See the GLRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Greenlight Capital Re Business Description

Other Exchanges G8L:Germany
Address 65 Market Street, Suite 1207, Jasmine Court, P.O. Box 31110, Camana Bay, Grand Cayman, CYM, KY1-1205
Greenlight Capital Re Ltd offers property and casualty reinsurance. Its customers are property and casualty insurers, and Greenlight takes on some of their risk in exchange for insurance premiums. It operates through one operating segment: property and casualty reinsurance. It generates revenue through premiums from reinsurance on property and casualty business assumed and income from investments.
62GF Score

Get the complete analysis for GLRE

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.63
Price
$16.49
GF Value