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Aspen Insurance Holdings (FRA:BXP) Debt-to-EBITDA : 1.38 (As of Dec. 2023)


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What is Aspen Insurance Holdings Debt-to-EBITDA?

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

Aspen Insurance Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0 Mil. Aspen Insurance Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €354 Mil. Aspen Insurance Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was €257 Mil. Aspen Insurance Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.38.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Aspen Insurance Holdings's Debt-to-EBITDA or its related term are showing as below:

FRA:BXP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.9   Med: 1.55   Max: 7.59
Current: 1.34

During the past 13 years, the highest Debt-to-EBITDA Ratio of Aspen Insurance Holdings was 7.59. The lowest was -4.90. And the median was 1.55.

FRA:BXP's Debt-to-EBITDA is not ranked
in the Insurance industry.
Industry Median: 1.43 vs FRA:BXP: 1.34

Aspen Insurance Holdings Debt-to-EBITDA Historical Data

The historical data trend for Aspen Insurance Holdings's Debt-to-EBITDA 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.

Aspen Insurance Holdings Debt-to-EBITDA Chart

Aspen Insurance Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.88 7.59 3.62 5.64 0.81

Aspen Insurance Holdings Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Debt-to-EBITDA 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 - 1.04 N/A 0.84 1.38

Competitive Comparison of Aspen Insurance Holdings's Debt-to-EBITDA

For the Insurance - Property & Casualty subindustry, Aspen Insurance Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Aspen Insurance Holdings's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Aspen Insurance Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Aspen Insurance Holdings's Debt-to-EBITDA falls into.



Aspen Insurance Holdings Debt-to-EBITDA Calculation

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

Aspen Insurance Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 354.054) / 439.702
=0.81

Aspen Insurance Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 354.054) / 257.128
=1.38

* 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-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.


Aspen Insurance Holdings  (FRA:BXP) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Aspen Insurance Holdings Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Aspen Insurance Holdings's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Aspen Insurance Holdings (FRA:BXP) Business Description

Traded in Other Exchanges
Address
141 Front Street, Hamilton, BMU, HM19
Aspen Insurance Holdings Ltd is a Bermudian insurance and reinsurance company. The company operates through subsidiaries that include Aspen Insurance UK, Aspen Underwriting, Aspen Bermuda, Aspen Specialty Insurance, and Aspen American Insurance Corporation. The company also has branches in Australia, Canada, Singapore, and Switzerland. The company's business is divided into two segments: Aspen Insurance and Aspen Reinsurance. Aspen Insurance consists of property and casualty insurance, marine, aviation and energy insurance, and financial and professional lines insurance. Aspen Reinsurance comprises property catastrophe reinsurance, other property reinsurance, casualty reinsurance, and specialty reinsurance.