HCI (HCI Group) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2024)

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What is HCI Group 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. HCI Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.08.

HCI Group's long-term debt to total assets ratio declined from Dec. 2023 (0.12) to Dec. 2024 (0.08). It may suggest that HCI Group is progressively becoming less dependent on debt to grow their business.

HCI Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for HCI Group'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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HCI Group LT-Debt-to-Total-Asset Chart

HCI Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.17

0.04

0.12

0.08

HCI Group Quarterly Data
	Mar20	Jun20	Sep20	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															0.12	0.10	0.10	0.09	0.08

HCI Group LT-Debt-to-Total-Asset Calculation

HCI Group'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 )
	=	185.254	/	2230.213
	=	0.08

HCI Group'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 )
	=	185.254	/	2230.213
	=	0.08

HCI Group (NYSE:HCI) 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.

HCI Group LT-Debt-to-Total-Asset Related Terms

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HCI Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » HCI Group Inc (NYSE:HCI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0J22:UK 0H5:Germany

Address

3802 Coconut Palm Drive, Tampa, FL, USA, 33619

Website

https://www.hcigroup.com

HCI Group Inc is engaged in the property and casualty insurance business through two Florida domiciled insurance companies, Homeowners Choice Property & Casualty Insurance Company (HCPCI) and TypTap Insurance Company (TypTap). Both HCPCI and TypTap are authorized to underwrite various homeowners' property and casualty insurance products and allied lines business in the state of Florida and other states. The operating segments of the group are insurance operations, TypTap Group, reciprocal exchange operations, real estate operations, and corporate and other. It derives key revenue from the HCPCI Insurance operation segment.

Executives

Paresh Patel	director	1520 GULF BLVD., APT. 1706, CLEARWATER FL 33767
Anthony Saravanos	director	3802 COCONUT PALM DRIVE, TAMPA FL 33619
Andrew L. Graham	officer: VP/Corporate Secretary	3802 COCONUT PALM DRIVE, TAMPA FL 33619
Sanjay Madhu	director	425 EAST DAVIS BLVD., TAMPA FL 33606
James Mark Harmsworth	officer: Chief Financial Officer	5300 W CYPRESS ST, SUITE 100, TAMPA FL 33607
Karin Sue Coleman	officer: Executive Vice President	5300 W CYPRESS ST, SUITE 100, TAMPA FL 33607
Lauren L Valiente	director	3802 COCONUT PALM DRIVE, TAMPA FL 33619
Susan Watts	director	5300 W CYPRESS ST, SUITE 100, TAMPA FL 33607
Robert Wayne Burks	director	1009 S STERLING AVENUE, TAMPA FL 33629
Peter Politis	director	3802 COCONUT PALM DRIVE, TAMPA FL 33619
Gregory Politis	director	965 SOUTH BAYSHORE BLVD., SAFETY HARBOR FL 34695
Eric Brandon Hoffman	director	C/O INTREPID GROUP HOLDINGS, LLC, ONE STAMFORD PLAZA, 263 TRESSER BLVD., STAMFORD CT 06901
George Apostolou	director	3802 COCONUT PALM DRIVE, TAMPA FL 33619
James J Macchiarola	director	3671 EXECUTIVE DRIVE, PALM HARBOR FL 34685
Loreen M Spencer	director	5300 W CYPRESS ST, SUITE 100, TAMPA FL 33607