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Tryg AS (WBO:TRYG) Debt-to-Revenue : 0.21 (As of Sep. 2024)


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What is Tryg AS Debt-to-Revenue?

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

Tryg AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0 Mil. Tryg AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €1,261 Mil. Tryg AS's annualized Revenue for the quarter that ended in Sep. 2024 was €6,018 Mil. Tryg AS's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.21.


Tryg AS Debt-to-Revenue Historical Data

The historical data trend for Tryg AS'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.

* Premium members only.

Tryg AS Debt-to-Revenue Chart

Tryg AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.44 0.52 0.33 0.31

Tryg AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Revenue 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 0.31 0.28 0.29 0.27 0.21

Competitive Comparison of Tryg AS's Debt-to-Revenue

For the Insurance - Diversified subindustry, Tryg AS'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.


Tryg AS's Debt-to-Revenue Distribution in the Insurance Industry

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

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



Tryg AS Debt-to-Revenue Calculation

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

Tryg AS'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
=(27.102 + 1664.736) / 5394.425
=0.31

Tryg AS's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 1261.239) / 6017.576
=0.21

* 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.

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 (Sep. 2024) Revenue data.


Tryg AS Debt-to-Revenue Related Terms

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Tryg AS Business Description

Traded in Other Exchanges
Address
Klausdalsbrovej 601, Ballerup, DNK, 2750
Tryg AS is a diversified insurance company. The company operates in multiple segments, including private, commercial, corporate, and other. The company's private segment, which focuses on general insurance products and services for private individuals in Denmark and Norway, generates the vast majority of the company's revenue. The company generates majority of its revenue in Denmark, followed by Norway and Sweden. The firm considers merger and acquisition investment as a component of its operational growth plan.

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