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Hannover Rueck SE (WBO:HNR1) Debt-to-Equity : 0.40 (As of Dec. 2024)


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What is Hannover Rueck SE Debt-to-Equity?

Hannover Rueck SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €0 Mil. Hannover Rueck SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €4,669 Mil. Hannover Rueck SE's Total Stockholders Equity for the quarter that ended in Dec. 2024 was €11,795 Mil. Hannover Rueck SE's debt to equity for the quarter that ended in Dec. 2024 was 0.40.

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 Hannover Rueck SE's Debt-to-Equity or its related term are showing as below:

WBO:HNR1' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2   Med: 0.31   Max: 0.61
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of Hannover Rueck SE was 0.61. The lowest was 0.20. And the median was 0.31.

WBO:HNR1's Debt-to-Equity is ranked worse than
69.97% of 383 companies
in the Insurance industry
Industry Median: 0.21 vs WBO:HNR1: 0.40

Hannover Rueck SE Debt-to-Equity Historical Data

The historical data trend for Hannover Rueck SE'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.

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Hannover Rueck SE Debt-to-Equity Chart

Hannover Rueck SE Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 - 0.61 0.48 0.40

Hannover Rueck SE Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.48 - - - 0.40

Competitive Comparison of Hannover Rueck SE's Debt-to-Equity

For the Insurance - Reinsurance subindustry, Hannover Rueck SE'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.


Hannover Rueck SE's Debt-to-Equity Distribution in the Insurance Industry

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

* The bar in red indicates where Hannover Rueck SE's Debt-to-Equity falls into.


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Hannover Rueck SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hannover Rueck SE's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Hannover Rueck SE's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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.


Hannover Rueck SE  (WBO:HNR1) 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.


Hannover Rueck SE Debt-to-Equity Related Terms

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


Hannover Rueck SE Business Description

Address
Karl-Wiechert-Allee 50, Hannover, NI, DEU, 30625
Hannover Re is a reinsurance company headquartered in Hannover, Germany. Its roots go back to the 1920s when, in conjunction with the Gerling Group, Haftpflichtverband founded Eisen- und Stahl-Industrie to provide reinsurance services. In the 1960s ownership of the business was turned over to Haftpflichtverband, and Aktiengesellschaft für Transport und- Rückversicherung was founded. This was the basis of Hannover Re. The business expanded into life and health reinsurance in the 1990s, and over the ensuing 30 years expanded beyond its core domestic market of Germany to write business internationally. Hannover sold its commercial specialty insurance business to Talanx in January 2019. Hannover was listed in the 1990s on the Frankfurt Stock Exchange.

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