Unum Group (FRA:UUM) Debt-to-Equity : 0.32 (As of Sep. 2024)

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What is Unum Group Debt-to-Equity?

Unum Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0 Mil. Unum Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €3,127 Mil. Unum Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €9,867 Mil. Unum Group's debt to equity for the quarter that ended in Sep. 2024 was 0.32.

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 Unum Group's Debt-to-Equity or its related term are showing as below:

FRA:UUM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3 Med: 0.33 Max: 0.4
Current: 0.32

During the past 13 years, the highest Debt-to-Equity Ratio of Unum Group was 0.40. The lowest was 0.30. And the median was 0.33.

FRA:UUM's Debt-to-Equity is ranked worse than
62.31% of 390 companies
in the Insurance industry
Industry Median: 0.2 vs FRA:UUM: 0.32

Unum Group Debt-to-Equity Historical Data

The historical data trend for Unum Group'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.

* Premium members only.

Unum Group Debt-to-Equity Chart

Unum Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.37

0.31

0.30

0.39

0.36

Unum 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-Equity	Get a 7-Day Free Trial															0.36	0.36	0.34	0.33	0.32

Competitive Comparison of Unum Group's Debt-to-Equity

For the Insurance - Life subindustry, Unum Group'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.

Unum Group's Debt-to-Equity Distribution in the Insurance Industry

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

* The bar in red indicates where Unum Group's Debt-to-Equity falls into.

Unum Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Unum Group'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	+	3145.677)	/	8850.334
	=	0.36

Unum Group'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	+	3126.83)	/	9867.211
	=	0.32

Unum Group (FRA:UUM) 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.

Unum Group Debt-to-Equity Related Terms

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

Unum Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Unum Group (FRA:UUM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

UNM:USA 0LJN:UK UUM:Germany U1NM34:Brazil

Address

1 Fountain Square, Chattanooga, TN, USA, 37402

Website

https://www.unum.com

Unum Group is a provider of group and individual income protection insurance products in the United States, the United Kingdom, Poland, and other countries. It is the largest domestic disability insurer, with the majority of premiums generated from employer plans. The company also offers a complementary portfolio of other insurance products, including long-term care insurance, life insurance, and employer- and employee-paid group benefits. It has the following operating business segments: Unum US, Unum International, and Colonial Life. The majority of the revenue is earned from the Unum US segment. The firm markets its products primarily through brokers.

Unum Group Headlines

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