Swan Life (XMAU:ANGM.I0000) Debt-to-Equity : 0.00 (As of Sep. 2023)

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What is Swan Life Debt-to-Equity?

Swan Life's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was MUR0 Mil. Swan Life's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was MUR0 Mil. Swan Life's Total Stockholders Equity for the quarter that ended in Sep. 2023 was MUR2,702 Mil. Swan Life's debt to equity for the quarter that ended in Sep. 2023 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 Swan Life's Debt-to-Equity or its related term are showing as below:

XMAU:ANGM.I0000' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.01
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Swan Life was 0.01. The lowest was 0.00. And the median was 0.01.

XMAU:ANGM.I0000's Debt-to-Equity is ranked better than
99.74% of 389 companies
in the Insurance industry
Industry Median: 0.24 vs XMAU:ANGM.I0000: 0.01

Swan Life Debt-to-Equity Historical Data

The historical data trend for Swan Life'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.

Swan Life Debt-to-Equity Chart

Swan Life Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.01

Swan Life Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-	0.01	-	-	-

Competitive Comparison of Swan Life's Debt-to-Equity

For the Insurance - Life subindustry, Swan Life'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.

Swan Life's Debt-to-Equity Distribution in the Insurance Industry

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

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

Swan Life Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Swan Life's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(6.346	+	11.52)	/	2457.364
	=	0.01

Swan Life's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	0)	/	2701.632
	=	0.00

Swan Life (XMAU:ANGM.I0000) 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.

Swan Life Debt-to-Equity Related Terms

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

Swan Life (XMAU:ANGM.I0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Swan Life Ltd (XMAU:ANGM.I0000) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

10 Intendance Street, Swan Centre, Port Louis, MUS

Website

https://www.swanforlife.com

Swan Life Ltd is a Mauritius-based company. It provides non-banking financial solutions, from general insurance, life assurance, pension, and actuarial services, pension administration, investment advisory, wealth management, and securities trading for corporate clients and individual customers. The business operates in one segment which is Long-Term Insurance Business. The company receives maximum revenue from the premiums on the insurance sold.

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