FIHL (Fidelis Insurance Holdings) Debt-to-Equity : 0.17 (As of Sep. 2024)

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What is Fidelis Insurance Holdings Debt-to-Equity?

Fidelis Insurance Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0 Mil. Fidelis Insurance Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $449 Mil. Fidelis Insurance Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $2,632 Mil. Fidelis Insurance Holdings's debt to equity for the quarter that ended in Sep. 2024 was 0.17.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Fidelis Insurance Holdings's Debt-to-Equity or its related term are showing as below:

FIHL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.22 Max: 0.24
Current: 0.17

During the past 5 years, the highest Debt-to-Equity Ratio of Fidelis Insurance Holdings was 0.24. The lowest was 0.17. And the median was 0.22.

FIHL's Debt-to-Equity is ranked better than
54.62% of 390 companies
in the Insurance industry
Industry Median: 0.2 vs FIHL: 0.17

Fidelis Insurance Holdings Debt-to-Equity Historical Data

The historical data trend for Fidelis Insurance Holdings's Debt-to-Equity 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.

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Fidelis Insurance Holdings Debt-to-Equity Chart

Fidelis Insurance Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

N/A

0.23

0.24

0.23

0.18

Fidelis Insurance Holdings Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial									0.21	0.18	0.18	0.18	0.17

Competitive Comparison of Fidelis Insurance Holdings's Debt-to-Equity

For the Insurance - Diversified subindustry, Fidelis Insurance Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Fidelis Insurance Holdings's Debt-to-Equity Distribution in the Insurance Industry

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

* The bar in red indicates where Fidelis Insurance Holdings's Debt-to-Equity falls into.

Fidelis Insurance Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fidelis Insurance Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	448.2)	/	2449.8
	=	0.18

Fidelis Insurance Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	448.8)	/	2632.3
	=	0.17

Fidelis Insurance Holdings (NYSE:FIHL) Debt-to-Equity Explanation

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

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Fidelis Insurance Holdings Debt-to-Equity Related Terms

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Fidelis Insurance Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Fidelis Insurance Holdings Ltd (NYSE:FIHL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

U0K:Germany

Address

90 Pitts Bay Road, Wellesley House South, Pembroke, BMU, HM08

Website

https://www.fidelisinsurance.com

Fidelis Insurance Holdings Ltd is a global (re)insurance company. It classify the business into three underwriting segments, namely Bespoke, Specialty and Reinsurance. Specialty primarily comprises property D&F, energy, marine and aviation lines. Bespoke primarily comprises credit and political risk and other tailored solutions for clients including transactional liabilities and credit insurance. Reinsurance primarily comprises property reinsurance.