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Direct Line Insurance Group (LSE:DLG) Equity-to-Asset : 0.29 (As of Dec. 2023)


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What is Direct Line Insurance Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Direct Line Insurance Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £2,405 Mil. Direct Line Insurance Group's Total Assets for the quarter that ended in Dec. 2023 was £8,417 Mil. Therefore, Direct Line Insurance Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.29.

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

LSE:DLG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.3   Max: 0.33
Current: 0.29

During the past 13 years, the highest Equity to Asset Ratio of Direct Line Insurance Group was 0.33. The lowest was 0.25. And the median was 0.30.

LSE:DLG's Equity-to-Asset is ranked better than
60.37% of 492 companies
in the Insurance industry
Industry Median: 0.24 vs LSE:DLG: 0.29

Direct Line Insurance Group Equity-to-Asset Historical Data

The historical data trend for Direct Line Insurance Group'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.

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Direct Line Insurance Group Equity-to-Asset Chart

Direct Line Insurance Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.32 0.33 0.30 0.29

Direct Line Insurance Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.33 0.30 0.30 0.29 0.29

Competitive Comparison of Direct Line Insurance Group's Equity-to-Asset

For the Insurance - Property & Casualty subindustry, Direct Line Insurance Group'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.


Direct Line Insurance Group's Equity-to-Asset Distribution in the Insurance Industry

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

* The bar in red indicates where Direct Line Insurance Group's Equity-to-Asset falls into.



Direct Line Insurance Group 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.

Direct Line Insurance Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=2404.7/8417.2
=0.29

Direct Line Insurance Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=2404.7/8417.2
=0.29

* 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.


Direct Line Insurance Group  (LSE:DLG) 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%.


Direct Line Insurance Group Equity-to-Asset Related Terms

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


Direct Line Insurance Group (LSE:DLG) Business Description

Address
Westmoreland Road, Churchill Court, Bromley, Kent, GBR, BR1 1DP
While Direct Line is one of the more focused personal lines insurers that we cover in Europe, it is still quite diversified. The business sells insurance under four divisions and those are personal lines motor, personal lines home, rescue and other personal lines, and commercial. Rescue and other personal lines include rescue, travel and pet insurance, and commercial insurance is sold to small and medium sized enterprises. Direct Line only sells insurance in United Kingdom. Direct Lines personal motor insurance division typically accounts for around 50% of total group gross written premium and the personal home insurance unit typically sells around 20%. Rescue and other personal lines account for around 10% and commercial insurance accounts for around 20%.

Direct Line Insurance Group (LSE:DLG) Headlines

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