GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Admiral Group PLC (OTCPK:AMIGF) » Definitions » Liabilities-to-Assets

Admiral Group (Admiral Group) Liabilities-to-Assets : 0.86 (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Admiral Group Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Admiral Group's Total Liabilities for the quarter that ended in Dec. 2023 was $7,726 Mil. Admiral Group's Total Assets for the quarter that ended in Dec. 2023 was $8,983 Mil. Therefore, Admiral Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.86.


Admiral Group Liabilities-to-Assets Historical Data

The historical data trend for Admiral Group's Liabilities-to-Assets 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.

Admiral Group Liabilities-to-Assets Chart

Admiral Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.86 0.80 0.86 0.86

Admiral Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets 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 0.80 0.87 0.86 0.86 0.86

Competitive Comparison of Admiral Group's Liabilities-to-Assets

For the Insurance - Property & Casualty subindustry, Admiral Group's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Admiral Group's Liabilities-to-Assets Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Admiral Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Admiral Group's Liabilities-to-Assets falls into.



Admiral Group Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Admiral Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=7725.823/8982.532
=0.86

Admiral Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=7725.823/8982.532
=0.86

* 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.


Admiral Group  (OTCPK:AMIGF) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Admiral Group Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Admiral Group's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Admiral Group (Admiral Group) Business Description

Traded in Other Exchanges
Address
David Street, Ty Admiral, Cardiff, GBR, CF10 2EH
Admiral is a personal lines insurance company that operates predominantly in the United Kingdom. The business is mainly a motor insurer, with U.K. motor and international cars accounting for the majority of Admiral's gross written premium. The business also has a nascent but growing U.K. household insurance division. Admiral was established in 1993 to sell motor insurance to nonstandard risk policyholders. These nonstandard risks included younger drivers, female drivers, drivers wanting to pay by credit card, and drivers based in London. Over the years, Admiral has continued to expand its wheelhouse of nonstandard risk selection.

Admiral Group (Admiral Group) Headlines

From GuruFocus

Jockey Angle: Admiral Group

By Chandan Dubey Chandan Dubey 12-09-2013

MS Global Franchise Fund Comments on Admiral Group PLC

By Vera Yuan Vera Yuan 08-21-2014