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Old Mutual (Old Mutual) Debt-to-Equity : 0.48 (As of Dec. 2023)


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What is Old Mutual Debt-to-Equity?

Old Mutual's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $32 Mil. Old Mutual's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,408 Mil. Old Mutual's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,009 Mil. Old Mutual's debt to equity for the quarter that ended in Dec. 2023 was 0.48.

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 Old Mutual's Debt-to-Equity or its related term are showing as below:

ODMUF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14   Med: 0.41   Max: 0.59
Current: 0.48

During the past 13 years, the highest Debt-to-Equity Ratio of Old Mutual was 0.59. The lowest was 0.14. And the median was 0.41.

ODMUF's Debt-to-Equity is ranked worse than
73.52% of 389 companies
in the Insurance industry
Industry Median: 0.24 vs ODMUF: 0.48

Old Mutual Debt-to-Equity Historical Data

The historical data trend for Old Mutual'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.

Old Mutual Debt-to-Equity Chart

Old Mutual Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.41 0.32 0.45 0.48

Old Mutual Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity 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 0.32 0.29 0.45 0.31 0.48

Competitive Comparison of Old Mutual's Debt-to-Equity

For the Insurance - Life subindustry, Old Mutual'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.


Old Mutual's Debt-to-Equity Distribution in the Insurance Industry

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

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



Old Mutual Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Old Mutual's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Old Mutual's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Old Mutual  (OTCPK:ODMUF) 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.


Old Mutual Debt-to-Equity Related Terms

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


Old Mutual (Old Mutual) Business Description

Address
Mutualpark, Jan Smuts Drive, Pinelands, Cape Town, WC, ZAF, 7405
Old Mutual Ltd provides financial services that include wealth management, banking, asset management, and insurance. The firm is organized into the following operational segments: the mass and foundation cluster; Personal Finance and Wealth Management; Old Mutual Investments; Old Mutual corporate; Old Mutual Insure; Old Mutual Africa Regions; and other group activities.

Old Mutual (Old Mutual) Headlines

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