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Hamilton Insurance Group (Hamilton Insurance Group) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)


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What is Hamilton Insurance 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. Hamilton Insurance Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

Hamilton Insurance Group's long-term debt to total assets ratio declined from Mar. 2023 (0.02) to Mar. 2024 (0.02). It may suggest that Hamilton Insurance Group is progressively becoming less dependent on debt to grow their business.

Hamilton Insurance Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hamilton Insurance 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.

* Premium members only.

Hamilton Insurance Group LT-Debt-to-Total-Asset Chart

Hamilton Insurance Group Annual Data
Trend Nov20 Nov21 Dec22 Dec23
LT-Debt-to-Total-Asset
- 0.03 0.03 0.02

Hamilton Insurance Group Quarterly Data
Nov20 Nov21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.02

Hamilton Insurance Group LT-Debt-to-Total-Asset Calculation

Hamilton Insurance Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=149.83/6671.355
=0.02

Hamilton Insurance Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )/Total Assets (Q: Mar. 2024 )
=149.859/7349.025
=0.02

* 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.

Hamilton Insurance Group  (NYSE:HG) 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.

Hamilton Insurance Group LT-Debt-to-Total-Asset Related Terms

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Hamilton Insurance Group (Hamilton Insurance Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hamilton Insurance Group Ltd (NYSE:HG) » Definitions » LT-Debt-to-Total-Asset
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QN0:Germany
Address
90 Pitts Bay Road, Wellesley House North, 1st Floor, Pembroke, BMU, HM 08
Website
https://www.hamiltongroup.com
Hamilton Insurance Group Ltd is a Global specialty insurance and reinsurance company. It operates globally, with underwriting operations in Lloyd's, Ireland, Bermuda, and the United States. It operates three principal underwriting platforms (Hamilton Global Specialty, Hamilton Select and Hamilton Re) that are categorized into two reporting business segments (International and Bermuda).