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HCXLF (Hiscox) Equity-to-Asset : 0.33 (As of Dec. 2024)


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What is Hiscox Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hiscox's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $3,689 Mil. Hiscox's Total Assets for the quarter that ended in Dec. 2024 was $11,241 Mil. Therefore, Hiscox's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.33.

The historical rank and industry rank for Hiscox's Equity-to-Asset or its related term are showing as below:

HCXLF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.25   Max: 0.33
Current: 0.33

During the past 13 years, the highest Equity to Asset Ratio of Hiscox was 0.33. The lowest was 0.17. And the median was 0.25.

HCXLF's Equity-to-Asset is ranked better than
64.48% of 487 companies
in the Insurance industry
Industry Median: 0.25 vs HCXLF: 0.33

Hiscox Equity-to-Asset Historical Data

The historical data trend for Hiscox's Equity-to-Asset 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.

Hiscox Equity-to-Asset Chart

Hiscox Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.24 0.25 0.30 0.33

Hiscox Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Equity-to-Asset 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 0.25 0.27 0.30 0.30 0.33

Competitive Comparison of Hiscox's Equity-to-Asset

For the Insurance - Property & Casualty subindustry, Hiscox's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Hiscox's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Hiscox's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hiscox's Equity-to-Asset falls into.


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Hiscox Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Hiscox's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=3688.8/11240.8
=0.33

Hiscox's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=3688.8/11240.8
=0.33

* 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.


Hiscox  (OTCPK:HCXLF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Hiscox Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Hiscox's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Hiscox Business Description

Traded in Other Exchanges
Address
96 Pitts Bay Road, Chesney House, Pembroke, BMU, HM 08
Hiscox Ltd is a property and casualty insurance company. The company aims to balance catastrophe-exposed businesses with less volatile local specialty businesses. Its product offerings include property, casualty, crisis management (covering terrorism and kidnap and ransom), marine, energy, and specialty areas like space insurance. The company's operating segments consist of Hiscox Retail, Hiscox London Market, Hiscox Re & ILS, and Corporate Center. The majority of the revenue is generated from its Hiscox Retail segment, which represents retail business divisions in the UK, Europe, the USA, and Asia. Geographically, the company earns insurance revenue from places like the United States, which generates key revenue, as well as the United Kingdom, Europe, and other regions.