TGIC (Triad Guaranty) Debt-to-Equity: 0.00 (As of Sep. 2012)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Triad Guaranty Debt-to-Equity?

Triad Guaranty TGIC Debt-to-Equity is 0.00 as of Sep. 2012.

Triad Guaranty's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was $0.0 Mil. Triad Guaranty's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was $0.0 Mil. Triad Guaranty's Total Stockholders Equity for the quarter that ended in Sep. 2012 was $-802.8 Mil. Triad Guaranty's debt to equity for the quarter that ended in Sep. 2012 was 0.00.

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 Triad Guaranty's Debt-to-Equity or its related term are showing as below:

TGIC's Debt-to-Equity is not ranked *
in the Insurance industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Triad Guaranty  (OTCPK:TGIC) 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.

Triad Guaranty Debt-to-Equity Related Terms

Triad Guaranty Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Triad Guaranty'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.

Triad Guaranty Debt-to-Equity Chart

Triad Guaranty Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 -0.25 -0.05 0.00 0.00

Triad Guaranty Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 0.00 0.00 0.00 0.00 0.00

TGIC vs FACO, PPHI, ICCH: Debt-to-Equity Comparison

For the Insurance - Specialty subindustry, Triad Guaranty'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.

Triad Guaranty Debt-to-Equity vs Insurance Industry

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

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


Triad Guaranty Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Triad Guaranty's Debt to Equity Ratio for the fiscal year that ended in Dec. 2011 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 + 0) / -703.574
=0.00

Triad Guaranty's Debt to Equity Ratio for the quarter that ended in Sep. 2012 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 + 0) / -802.789
=0.00

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.00 mean?
Triad Guaranty (TGIC) has a Debt-to-Equity of 0.00 as of Sep. 2012. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Triad Guaranty and its competitors.
Is Triad Guaranty's Debt-to-Equity too high?
Triad Guaranty's current Debt-to-Equity is 0.00.
How does Triad Guaranty's Debt-to-Equity compare to FACO and PPHI?
Triad Guaranty's Debt-to-Equity of 0.00 can be compared against companies in the Insurance industry. The industry median Debt-to-Equity is 0.21. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Insurance company?
The median Debt-to-Equity among Insurance companies is 0.21, based on 403 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Triad Guaranty and its competitors. For the Insurance industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Triad Guaranty's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triad Guaranty stock overvalued right now?
Triad Guaranty (TGIC) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Triad Guaranty (TGIC), the current Debt-to-Equity is 0.00 as of Sep. 2012. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Triad Guaranty Business Description

Address 101 South Stratford Road, Winston-Salem, NC, USA, 27104
Triad Guaranty Inc is a holding company which, through its wholly-owned subsidiary, Triad Guaranty Insurance Corporation ('TGIC'), is a nationwide mortgage insurer pursuing a run-off of its existing in-force book of business.