Corebridge Financial (FRA:AS5) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2024)

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What is Corebridge Financial LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Corebridge Financial's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.03.

Corebridge Financial's long-term debt to total assets ratio declined from Dec. 2023 (0.03) to Dec. 2024 (0.03). It may suggest that Corebridge Financial is progressively becoming less dependent on debt to grow their business.

Corebridge Financial LT-Debt-to-Total-Asset Historical Data

The historical data trend for Corebridge Financial's LT-Debt-to-Total-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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Corebridge Financial LT-Debt-to-Total-Asset Chart

Corebridge Financial Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.03

0.02

0.04

0.03

Corebridge Financial Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial													0.03	0.03	0.03	0.03	0.03

Corebridge Financial LT-Debt-to-Total-Asset Calculation

Corebridge Financial's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	10782.905	/	371874.135
	=	0.03

Corebridge Financial's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	10782.905	/	371874.135
	=	0.03

Corebridge Financial (FRA:AS5) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Corebridge Financial LT-Debt-to-Total-Asset Related Terms

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Corebridge Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Corebridge Financial Inc (FRA:AS5) » Definitions » LT-Debt-to-Total-Asset

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CRBG:USA

Address

2919 Allen Parkway, Woodson Tower, Houston, TX, USA, 77019

Website

https://www.corebridgefinancial.com

Corebridge Financial Inc provides retirement solutions and insurance products in the United States. It offers a broad set of products and services through five segments Individual Retirement, Group Retirement, Life Insurance, Institutional Markets businesses, Corporate and Other. The majority of its revenue derives from the Individual Retirement segment.

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