TNXXF (Talanx AG) Debt-to-Revenue : 1.40 (As of Jun. 2024)

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What is Talanx AG Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Talanx AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0 Mil. Talanx AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $9,266 Mil. Talanx AG's annualized Revenue for the quarter that ended in Jun. 2024 was $6,601 Mil. Talanx AG's annualized Debt-to-Revenue for the quarter that ended in Jun. 2024 was 1.40.

Talanx AG Debt-to-Revenue Historical Data

The historical data trend for Talanx AG's Debt-to-Revenue 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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Talanx AG Debt-to-Revenue Chart

Talanx AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Revenue

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0.16

0.17

0.51

0.40

Talanx AG Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Revenue	Get a 7-Day Free Trial															180.56	0.20	N/A	-	1.40

Competitive Comparison of Talanx AG's Debt-to-Revenue

For the Insurance - Diversified subindustry, Talanx AG's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.

Talanx AG's Debt-to-Revenue Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Talanx AG's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Talanx AG's Debt-to-Revenue falls into.

Talanx AG Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Talanx AG's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0	+	9929.117)	/	25109.051
	=	0.40

Talanx AG's annualized Debt-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0	+	9265.877)	/	6600.644
	=	1.40

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Jun. 2024) Revenue data.

Talanx AG Debt-to-Revenue Related Terms

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Talanx AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Talanx AG (OTCPK:TNXXF) » Definitions » Debt-to-Revenue

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Traded in Other Exchanges

0QA8:UK TLXd:UK TLX:Germany

Address

HDI-Platz 1, Hannover, NI, DEU, 30659

Website

https://www.talanx.com

Talanx is the third-largest insurer in Germany. It sells insurance to businesses, individuals, and also reinsures other insurers. The origins of Talanx go back to the early 1900s and the founding of two mutuals in Germany, HDI and FSV, that were set up to provide liability insurance to the German iron and steel industry, and fire insurance to the German mining industry as a result of a growing dissatisfaction with providers of insurance. These two mutuals merged to form Halfplichtverband der Deutschen Industrie, or HDI, in 1970. Over the years companies outside of metals and mining have joined the mutual. HDI started providing reinsurance services in the mid-1920s, and individual insurance in the 1950s. HDI owns three quarters of the Talanx share capital.