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Assured Guaranty (Assured Guaranty) Debt-to-EBITDA : 1.88 (As of Dec. 2023)


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What is Assured Guaranty Debt-to-EBITDA?

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

Assured Guaranty's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Assured Guaranty's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,694 Mil. Assured Guaranty's annualized EBITDA for the quarter that ended in Dec. 2023 was $900 Mil. Assured Guaranty's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.88.

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 Assured Guaranty's Debt-to-EBITDA or its related term are showing as below:

AGO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.8   Med: 2.03   Max: 7.31
Current: 2.24

During the past 13 years, the highest Debt-to-EBITDA Ratio of Assured Guaranty was 7.31. The lowest was 0.80. And the median was 2.03.

AGO's Debt-to-EBITDA is ranked worse than
63.57% of 291 companies
in the Insurance industry
Industry Median: 1.49 vs AGO: 2.24

Assured Guaranty Debt-to-EBITDA Historical Data

The historical data trend for Assured Guaranty'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.

Assured Guaranty Debt-to-EBITDA Chart

Assured Guaranty 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 2.23 2.46 2.97 7.31 2.24

Assured Guaranty Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 3.49 2.97 2.53 1.87 1.88

Competitive Comparison of Assured Guaranty's Debt-to-EBITDA

For the Insurance - Specialty subindustry, Assured Guaranty'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.


Assured Guaranty's Debt-to-EBITDA Distribution in the Insurance Industry

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

* The bar in red indicates where Assured Guaranty's Debt-to-EBITDA falls into.



Assured Guaranty Debt-to-EBITDA Calculation

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

Assured Guaranty'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 + 1694) / 758
=2.23

Assured Guaranty'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 + 1694) / 900
=1.88

* 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.


Assured Guaranty  (NYSE:AGO) 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.


Assured Guaranty Debt-to-EBITDA Related Terms

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


Assured Guaranty (Assured Guaranty) Business Description

Traded in Other Exchanges
Address
30 Woodbourne Avenue, Hamilton, BMU, HM 08
Assured Guaranty Ltd. provides credit protection products to the United States and international public finance and structured finance markets, and manages assets across collateralized loan obligations as well as opportunity funds and liquid strategy funds that build on its corporate credit, asset-based finance, municipal and healthcare experience. The company is operating in two segments Insurance segment and the Asset Management segment. The majority of the revenue earned by the company is from the Insurance segment.
Executives
G Lawrence Buhl director 30 WOODBOURNE AVE, C/O ASSURED GUARANTY LTD, HAMILTON BERMUDA D0 0000
Stephen Donnarumma officer: Chief Credit Officer 30 WOODOURNE AVENUE, HAMILTON D0 HM08
Dominic Frederico director, officer: Deputy Chairman/President/CEO ACE LTD, ACE BLDG 30 WOODBOURNE AVE HAMILTON BER
Robert Bailenson officer: Chief Accounting Officer ASSURED GUARANTY LTD., 30 WOODBOURNE AVENUE, HAMILTON D0 HM08
Jorge A. Gana officer: Chief Risk Officer 30 WOODBOURNE AVE, 5TH FLOOR, HAMILTON D0 D0 HM08
Howard Albert officer: Chief Risk Officer 31 WEST 52ND STREET, NEW YORK NY 10019
David A. Buzen officer: Head of Asset Management* 850 3RD AVENUE, NEW YORK NY 10022
Laura Bieling officer: Chief Accounting Officer* 30 WOODBOURNE AVE., 5TH FLOOR, HAMILTON D0 D0 HM08
Holly Horn officer: Chief Surveillance Officer 30 WOODBOURNE AVE, 5TH FLOOR, HAMILTON D0 D0 HM08
Brewer Russell B. Ii officer: Chief Surveillance Officer 31 WEST 52ND STREET, NEW YORK NY 10019
Shea Courtney C. director 1555 N. ASTOR STREET, APARTMENT 9W, CHICAGO IL 60610
Michelle Mccloskey director C/O ALLIANCEBERNSTEIN LP, 9TH FLOOR, NEW YORK NY 10105
Lorin Radtke director 30 WOODBOURNE AVE, 5TH FLOOR, HAMILTON D0 D0 HM08
Thomas W Jones director ALTRIA GROUP INC, 6601 WEST BROAD STREET, RICHMOND VA 23230
Andrew T Feldstein officer: Chief Investment Officer 280 PARK AVENUE, 5TH FLOOR EAST, NEW YORK NY 10017