Assurant (Assurant) Debt-to-Revenue : 0.17 (As of Dec. 2023)

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What is Assurant Debt-to-Revenue?

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

Assurant's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Assurant's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,080.40 Mil. Assurant's annualized Revenue for the quarter that ended in Dec. 2023 was $11,932.40 Mil. Assurant's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.17.

Assurant Debt-to-Revenue Historical Data

The historical data trend for Assurant'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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Assurant Debt-to-Revenue Chart

Assurant Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Revenue

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0.21

0.23

0.22

0.21

0.19

Assurant Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Revenue	Get a 7-Day Free Trial															0.20	0.20	0.20	0.19	0.17

Competitive Comparison of Assurant's Debt-to-Revenue

For the Insurance - Specialty subindustry, Assurant'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.

Assurant's Debt-to-Revenue Distribution in the Insurance Industry

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

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

Assurant Debt-to-Revenue Calculation

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

Assurant'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	+	2080.4)	/	11131.6
	=	0.19

Assurant's annualized Debt-to-Revenue for the quarter 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	+	2080.4)	/	11932.4
	=	0.17

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 (Dec. 2023) Revenue data.

Assurant Debt-to-Revenue Related Terms

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Assurant (Assurant) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Assurant Inc (NYSE:AIZP.PFD) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

AIZ:USA ZAS:Germany A1SU34:Brazil

Address

260 Interstate North Circle SE, Atlanta, GA, USA, 30339

Website

https://www.assurant.com

Assurant Inc offers a range of property-casualty, health, employee benefit, and warranty insurance to a client base made up of individuals and institutions. Its segments are Global Housing, Global Lifestyle, Corporate and Other. Global Housing provides lender-placed homeowners insurance, lender-placed manufactured housing insurance and lender-placed flood insurance; renters insurance and related products; and voluntary manufactured housing insurance, voluntary homeowners insurance and other specialty products. Global Lifestyle, the key revenue-generating segment, provides mobile device solutions and extended service products and related services for mobile devices, consumer electronics and appliances; vehicle protection; and credit protection and other insurance products.