Dunav Re a.d (XBEL:DNREM) Debt-to-Equity: 0.00 (As of Dec. 2025)

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.

XBEL:DNREM Dunav Re a.d XBEL:DNREM
69 GF Score
Price RSD7,600.00
GF Value RSD5,168.92
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Dunav Re a.d Debt-to-Equity?

Dunav Re a.d XBEL:DNREM 69 Debt-to-Equity is 0.00 as of Dec. 2025. GuruFocus rates XBEL:DNREM with a GF Score™ of 69/100 and a GF Value™ of RSD5,168.92 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 403 Insurance companies, Dunav Re a.d ranks worse than 248138.71% on this metric.

Dunav Re a.d's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was RSD0 Mil. Dunav Re a.d's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was RSD0 Mil. Dunav Re a.d's Total Stockholders Equity for the quarter that ended in Dec. 2025 was RSD4,250 Mil. Dunav Re a.d's debt to equity for the quarter that ended in Dec. 2025 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 Dunav Re a.d's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Dunav Re a.d was 0.01. The lowest was 0.00. And the median was 0.00.

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

Dunav Re a.d  (XBEL:DNREM) 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.


Dunav Re a.d Debt-to-Equity Related Terms


Dunav Re a.d Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Dunav Re a.d'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.

Dunav Re a.d Debt-to-Equity Chart

Dunav Re a.d Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.00 0.00 0.00

Dunav Re a.d Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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

XBEL:DNREM vs RGA, EG, RNR: Debt-to-Equity Comparison

For the Insurance - Reinsurance subindustry, Dunav Re a.d'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.


Dunav Re a.d Debt-to-Equity vs Insurance Industry

For the Insurance industry and Financial Services sector, Dunav Re a.d's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dunav Re a.d's Debt-to-Equity falls into.


XBEL:DNREM
69GF Score
Dunav Re a.d XBEL:DNREM
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dunav Re a.d Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dunav Re a.d's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dunav Re a.d's Debt to Equity Ratio for the quarter that ended in Dec. 2025 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.00 mean?
Dunav Re a.d (XBEL:DNREM) has a Debt-to-Equity of 0.00 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Dunav Re a.d and its competitors. According to the industry distribution chart, Dunav Re a.d ranks #999999 out of 403 companies in the Insurance industry.
Is Dunav Re a.d's Debt-to-Equity too high?
Dunav Re a.d's current Debt-to-Equity is 0.00. Based on the distribution chart, Dunav Re a.d ranks #999999 out of 403 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Dunav Re a.d has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dunav Re a.d's Debt-to-Equity compare to RGA and EG?
According to the Insurance industry distribution chart, Dunav Re a.d ranks #999999 out of 403 companies for Debt-to-Equity. This places Dunav Re a.d in the lower half of its 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 Dunav Re a.d 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. Dunav Re a.d'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 Dunav Re a.d stock overvalued right now?
Based on GuruFocus' analysis, Dunav Re a.d (XBEL:DNREM) is currently considered Significantly Overvalued. The stock's GF Value™ is RSD5,168.92, compared to a current price of RSD7,600.00 — trading 47% above its estimated fair value. The current Debt-to-Equity is 0.00. Dunav Re a.d's overall GF Score™ is 69/100 with 2 warning signs to review. 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 Dunav Re a.d (XBEL:DNREM), the current Debt-to-Equity is 0.00 as of Dec. 2025. 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.

Is Dunav Re a.d (XBEL:DNREM) Overvalued in 2026?

Based on GuruFocus' analysis, Dunav Re a.d stock appears to be overvalued. The current stock price of RSD7,600.00 is trading 47% above its estimated GF Value™ of RSD5,168.92. GuruFocus considers Dunav Re a.d to be Significantly Overvalued.

Key valuation signals for XBEL:DNREM:

  • Debt-to-Equity: 0.00
  • GF Value™: RSD5,168.92 vs. price of RSD7,600.00 (47% above fair value)
  • GF Score™: 69/100 with 2 warning signs

No single metric tells the full story. See the XBEL:DNREM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dunav Re a.d Business Description

Address Bulevar kralja Aleksandra 18, 1st floor, Beograd, SRB, 11000
Dunav Re a.d is a joint-stock reinsurance company. It provides reinsurance protection. It operates in countries such as Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, Albania, Turkish part of Cyprus, Germany, Russia, Bulgaria, North Africa (Morocco, Algeria), Asia-Emirates.
69GF Score

Get the complete analysis for XBEL:DNREM

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RSD7,600.00
Price
RSD5,168.92
GF Value