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KNSL (Kinsale Capital Group) Debt-to-EBITDA : 0.31 (As of Sep. 2024)


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What is Kinsale Capital Group Debt-to-EBITDA?

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

Kinsale Capital Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0 Mil. Kinsale Capital Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $184 Mil. Kinsale Capital Group's annualized EBITDA for the quarter that ended in Sep. 2024 was $588 Mil. Kinsale Capital Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.31.

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

KNSL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.36   Med: 0.45   Max: 0.97
Current: 0.36

During the past 11 years, the highest Debt-to-EBITDA Ratio of Kinsale Capital Group was 0.97. The lowest was 0.36. And the median was 0.45.

KNSL's Debt-to-EBITDA is ranked better than
74.66% of 296 companies
in the Insurance industry
Industry Median: 1.085 vs KNSL: 0.36

Kinsale Capital Group Debt-to-EBITDA Historical Data

The historical data trend for Kinsale Capital 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.

Kinsale Capital Group Debt-to-EBITDA Chart

Kinsale Capital 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 N/A 0.42 0.45 0.97 0.46

Kinsale Capital Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.47 0.35 0.39 0.39 0.31

Competitive Comparison of Kinsale Capital Group's Debt-to-EBITDA

For the Insurance - Property & Casualty subindustry, Kinsale Capital 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.


Kinsale Capital Group's Debt-to-EBITDA Distribution in the Insurance Industry

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

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



Kinsale Capital Group Debt-to-EBITDA Calculation

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

Kinsale Capital 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 + 183.846) / 397.592
=0.46

Kinsale Capital Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 184.053) / 587.948
=0.31

* 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 (Sep. 2024) EBITDA data.


Kinsale Capital Group  (NYSE:KNSL) 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.


Kinsale Capital Group Debt-to-EBITDA Related Terms

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


Kinsale Capital Group Business Description

Traded in Other Exchanges
Address
2035 Maywill Street, Suite 100, Richmond, VA, USA, 23230
Kinsale Capital Group Inc is an insurance holding company. The company is engaged in offering property, casualty, and specialty insurance products. It offers specialty insurance products for allied health, healthcare, life sciences, a professional, and a public entity. The company operates in only one reportable segment which is the Excess and Surplus Lines Insurance segment, which includes commercial excess and surplus lines liability and property insurance products through its underwriting divisions. The company generates revenues in the form of premiums and investment income.
Executives
James Joseph Ritchie director C/O CERES GROUP INC, 17800 ROYALTON ROAD, STRONGSVILLE OH 44136
Russell Frederick L. Jr. director 1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Anne C. Kronenberg director C/O KINSALE CAPITAL GROUP, INC., 2035 MAYWILL STREET, SUITE 100, RICHMOND VA 23230
Brian D. Haney officer: SVP and COO C/O KINSALE CAPITAL GROUP, INC., 2035 MAYWILL STREET, SUITE 100, RICHMOND VA 23230
Michael P Kehoe director, officer: CEO and President JAMES RIVER GROUP, INC., 1414 RALEIGH ROAD, SUITE 415, CHAPEL HILL NC 27517
Bryan P. Petrucelli officer: SVP, CFO and Treasurer C/O KINSALE CAPITAL GROUP, INC., 2035 MAYWILL STREET, SUITE 100, RICHMOND VA 23230
Hatcher Robert V. Iii director C/O KINSALE CAPITAL GROUP, INC., 2035 MAYWILL STREET, SUITE 100, RICHMOND VA 23230
Steven J Bensinger director 125 BROAD ST, NEW YORK NY 10004
Robert Iii Lippincott director, other: Chairman 3152 CASSEEKEY ISLAND ROAD, JUPITER FL 33477
Teresa Chia director C/O KINSALE CAPITAL GROUP, INC., 2035 MAYWILL STREET, SUITE 100, RICHMOND VA 23230
Diane D. Schnupp officer: SVP, Chief Information Officer C/O KINSALE CAPITAL GROUP, INC., 2035 MAYWILL STREET, SUITE 100, RICHMOND VA 23230
Gregory M Share director THREE FIRST NATIONAL PLZ, SUITE 3800, CHICAGO IL 60602
Mark J. Beachy officer: EVP and Chief Claims Officer C/O KINSALE CAPITAL GROUP, INC., 2035 MAYWILL STREET, SUITE 100, RICHMOND VA 23230
Ann Marie Marson officer: SVP and Chief Claims Officer C/O KINSALE CAPITAL GROUP, INC., 2221 EDWARD HOLLAND DRIVE, SUITE 600, RICHMOND VA 23230
Kenney William J. Jr. officer: SVP/Chief Information Officer C/O KINSALE CAPITAL GROUP, INC., 2221 EDWARD HOLLAND DRIVE, SUITE 600, RICHMOND VA 23230