SSREY (Swiss Re AG) Debt-to-EBITDA : 1.45 (As of Jun. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Swiss Re AG Debt-to-EBITDA?

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

Swiss Re AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0 Mil. Swiss Re AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $8,082 Mil. Swiss Re AG's annualized EBITDA for the quarter that ended in Jun. 2024 was $5,564 Mil. Swiss Re AG's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 1.45.

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

SSREY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.59 Med: 4.73 Max: 103.39
Current: 1.59

During the past 13 years, the highest Debt-to-EBITDA Ratio of Swiss Re AG was 103.39. The lowest was 1.59. And the median was 4.73.

SSREY's Debt-to-EBITDA is ranked worse than
61.2% of 299 companies
in the Insurance industry
Industry Median: 1.15 vs SSREY: 1.59

Swiss Re AG Debt-to-EBITDA Historical Data

The historical data trend for Swiss Re AG'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.

Swiss Re AG Debt-to-EBITDA Chart

Swiss Re AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

Get a 7-Day Free Trial

5.72

103.39

3.74

7.18

1.99

Swiss Re AG 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-EBITDA	Get a 7-Day Free Trial															8.12	7.10	2.20	2.05	1.45

Competitive Comparison of Swiss Re AG's Debt-to-EBITDA

For the Insurance - Reinsurance subindustry, Swiss Re AG'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.

Swiss Re AG's Debt-to-EBITDA Distribution in the Insurance Industry

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

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

Swiss Re AG Debt-to-EBITDA Calculation

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

Swiss Re AG'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	+	9817)	/	4926
	=	1.99

Swiss Re AG's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	8082)	/	5564
	=	1.45

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 two times the quarterly (Jun. 2024) EBITDA data.

Swiss Re AG (OTCPK:SSREY) 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.

Swiss Re AG Debt-to-EBITDA Related Terms

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

Swiss Re AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Swiss Re AG (OTCPK:SSREY) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

SSREF:USA SRENz:UK SR9A:Germany SREN:Switzerland

Address

Mythenquai 50/60, P.O. Box 8022, Zurich, CHE, 8002

Website

https://www.swissre.com

Swiss Re is a reinsurer that has three core divisions: property-casualty reinsurance, life and health reinsurance, and corporate solutions. Swiss was founded in 1863 when the general manager of Helvetia Group looked to stem the flow of reinsurance premiums outside Switzerland. Moritz Grossmann argued he could cut the premiums paid to foreign firms, still make a profit, and pay mid-single-digit dividends. Swiss is now the second-largest reinsurer in the world by market cap, has 80 offices globally, and employs nearly 15,000 people. While the business did lose its way in the early part of the millennium, led by an investment banker who took the business heavily into securitizations, lately Swiss has been focused on establishing quality within its three core divisions.