Syncora Holdings (Syncora Holdings) Debt-to-Equity : 0.17 (As of Mar. 2019)

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What is Syncora Holdings Debt-to-Equity?

Syncora Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2019 was $0.00 Mil. Syncora Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2019 was $107.44 Mil. Syncora Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2019 was $640.10 Mil. Syncora Holdings's debt to equity for the quarter that ended in Mar. 2019 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 Syncora Holdings's Debt-to-Equity or its related term are showing as below:

SYCRF's Debt-to-Equity is not ranked ^*
in the Insurance industry.
Industry Median: 0.24
* Ranked among companies with meaningful Debt-to-Equity only.

Syncora Holdings Debt-to-Equity Historical Data

The historical data trend for Syncora 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.

* Premium members only.

Syncora Holdings Debt-to-Equity Chart

Syncora Holdings Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Debt-to-Equity

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1.12

0.73

0.76

0.63

0.16

Syncora Holdings Quarterly Data
	Dec12	Dec13	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Debt-to-Equity	Get a 7-Day Free Trial															0.66	0.46	0.41	0.16	0.17

Competitive Comparison of Syncora Holdings's Debt-to-Equity

For the Insurance - Specialty subindustry, Syncora 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.

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

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

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

Syncora Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Syncora Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 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	+	104.206)	/	633.824
	=	0.16

Syncora Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2019 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	+	107.441)	/	640.101
	=	0.17

Syncora Holdings (OTCPK:SYCRF) 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.

Syncora Holdings Debt-to-Equity Related Terms

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

Syncora Holdings (Syncora Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Syncora Holdings Ltd (OTCPK:SYCRF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Victoria Street, Canon's Court, Hamilton, BMU, HM 12

Website

https://www.scafg.com

Syncora Holdings Ltd is a Bermuda holding company that provides through its wholly-owned subsidiaries, financial guarantee insurance and reinsurance. It has one reportable operating business segment, Financial Guarantee Insurance. The financial guarantee business segment is conducted through its operating subsidiaries, SGI and SCAI.

Executives

Duncan P Hennes	director	SYNCORA HOLDINGS LTD, A S COOPER BLDG, 26 REID STREET, HAMILTON D0 HM11
Edward J Muhl	director	UNUM GROUP, 1 FOUNTAIN SQUARE, CHATTANOOGA TN 37402
Xl Insurance (bermuda) Ltd	10 percent owner	XL HOUSE, ONE BERMUDIANA ROAD, HAMILTON D0 HM 11
Mary R Hennessy	director	651 CLINTON AVE, HADDONFIELD NJ 08033
Claude Leblanc	officer: Executive Vice President	ONE BERMUDIANA ROAD, HAMILTON D0 HM 11