Zavarovalnica Triglav DD (XLJU:ZVTG) Debt-to-Equity : 0.07 (As of Dec. 2023)

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What is Zavarovalnica Triglav DD Debt-to-Equity?

Zavarovalnica Triglav DD's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.0 Mil. Zavarovalnica Triglav DD's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €61.7 Mil. Zavarovalnica Triglav DD's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €887.4 Mil. Zavarovalnica Triglav DD's debt to equity for the quarter that ended in Dec. 2023 was 0.07.

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 Zavarovalnica Triglav DD's Debt-to-Equity or its related term are showing as below:

XLJU:ZVTG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 0.1
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Zavarovalnica Triglav DD was 0.10. The lowest was 0.02. And the median was 0.06.

XLJU:ZVTG's Debt-to-Equity is ranked better than
75.26% of 388 companies
in the Insurance industry
Industry Median: 0.245 vs XLJU:ZVTG: 0.07

Zavarovalnica Triglav DD Debt-to-Equity Historical Data

The historical data trend for Zavarovalnica Triglav DD'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.

Zavarovalnica Triglav DD Debt-to-Equity Chart

Zavarovalnica Triglav DD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.10

0.07

0.06

0.07

Zavarovalnica Triglav DD Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.08	0.08	0.07	0.08	0.07

Competitive Comparison of Zavarovalnica Triglav DD's Debt-to-Equity

For the Insurance - Diversified subindustry, Zavarovalnica Triglav DD'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.

Zavarovalnica Triglav DD's Debt-to-Equity Distribution in the Insurance Industry

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

* The bar in red indicates where Zavarovalnica Triglav DD's Debt-to-Equity falls into.

Zavarovalnica Triglav DD Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zavarovalnica Triglav DD'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
	=	(0	+	61.66)	/	887.416
	=	0.07

Zavarovalnica Triglav DD'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
	=	(0	+	61.66)	/	887.416
	=	0.07

Zavarovalnica Triglav DD (XLJU:ZVTG) 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.

Zavarovalnica Triglav DD Debt-to-Equity Related Terms

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

Zavarovalnica Triglav DD (XLJU:ZVTG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zavarovalnica Triglav DD (XLJU:ZVTG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Miklosiceva cesta 19, Ljubljana, SVN, 1000

Website

http://www.triglav.si

Zavarovalnica Triglav DD is an insurance-financial group in Slovenia. The company offers insurance products and services, including property, life, health, and accident insurance. Zavarovalnica Triglav, the controlling company of the Triglav Group operates together with its subsidiaries and associated companies in seven markets and in six countries.

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