Direct Line Insurance Group (STU:D1LN) Debt-to-Equity : 0.19 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Direct Line Insurance Group Debt-to-Equity?

Direct Line Insurance Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €96 Mil. Direct Line Insurance Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €424 Mil. Direct Line Insurance Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €2,791 Mil. Direct Line Insurance Group's debt to equity for the quarter that ended in Dec. 2023 was 0.19.

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

STU:D1LN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.2 Max: 0.24
Current: 0.19

During the past 13 years, the highest Debt-to-Equity Ratio of Direct Line Insurance Group was 0.24. The lowest was 0.16. And the median was 0.20.

STU:D1LN's Debt-to-Equity is ranked better than
56.22% of 386 companies
in the Insurance industry
Industry Median: 0.24 vs STU:D1LN: 0.19

Direct Line Insurance Group Debt-to-Equity Historical Data

The historical data trend for Direct Line Insurance 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.

Direct Line Insurance Group Debt-to-Equity Chart

Direct Line Insurance Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.16

0.24

0.19

Direct Line Insurance Group 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															0.24	0.17	0.19	0.21	0.19

Competitive Comparison of Direct Line Insurance Group's Debt-to-Equity

For the Insurance - Property & Casualty subindustry, Direct Line Insurance 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.

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

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

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

Direct Line Insurance Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Direct Line Insurance 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
	=	(95.647	+	423.561)	/	2791.278
	=	0.19

Direct Line Insurance Group's Debt to Equity Ratio for the quarter 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
	=	(95.647	+	423.561)	/	2791.278
	=	0.19

Direct Line Insurance Group (STU:D1LN) 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.

Direct Line Insurance Group Debt-to-Equity Related Terms

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

Direct Line Insurance Group (STU:D1LN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Direct Line Insurance Group PLC (STU:D1LN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DIISY:USA DIISF:USA DLGl:UK DLG:UK D1LN:Germany

Address

Westmoreland Road, Churchill Court, Bromley, Kent, GBR, BR1 1DP

Website

https://www.directlinegroup.co.uk

While Direct Line is one of the more focused personal lines insurers that we cover in Europe, it is still quite diversified. The business sells insurance under four divisions and those are personal lines motor, personal lines home, rescue and other personal lines, and commercial. Rescue and other personal lines include rescue, travel and pet insurance, and commercial insurance is sold to small and medium sized enterprises. Direct Line only sells insurance in United Kingdom. Direct Lines personal motor insurance division typically accounts for around 50% of total group gross written premium and the personal home insurance unit typically sells around 20%. Rescue and other personal lines account for around 10% and commercial insurance accounts for around 20%.

Direct Line Insurance Group (STU:D1LN) Headlines

No Headlines