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Old Republic International Financial Strength

: 5 (As of Jun. 2022)
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Old Republic International has the Financial Strength Rank of 5.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Old Republic International did not have earnings to cover the interest expense. Old Republic International's debt to revenue ratio for the quarter that ended in Jun. 2022 was 0.22. Altman Z-Score does not apply to banks and insurance companies.


Old Republic International Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Old Republic International's Interest Expense for the months ended in Jun. 2022 was $-17 Mil. Its Operating Income for the months ended in Jun. 2022 was $0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $1,595 Mil.

Old Republic International's Interest Coverage for the quarter that ended in Jun. 2022 is

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Old Republic International's Debt to Revenue Ratio for the quarter that ended in Jun. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 1594.5) / 7240
=0.22

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Altman Z-Score does not apply to banks and insurance companies.

* 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.


Old Republic International  (NYSE:ORI) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Old Republic International has the Financial Strength Rank of 5.


Old Republic International Financial Strength Related Terms

Thank you for viewing the detailed overview of Old Republic International's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Old Republic International Business Description

Old Republic International logo
Traded in Other Exchanges
Address
307 North Michigan Avenue, Chicago, IL, USA, 60601
Old Republic International Corp offers a diverse range of specialized insurance products to individuals and institutions. It operates in three segments: General Insurance (property and liability insurance), Title Insurance, and Republic Financial Indemnity Group (RFIG) Run-off. General Insurance includes products such as Automobile Extended Warranty Insurance, Aviation, Commercial Automobile Insurance, Inland Marine, Travel Accident, Workers' Compensation, Financial Indemnity, and others. Title Insurance's business consists primarily of the issuance of policies to real estate purchasers and investors based upon searches of the public records which contain information concerning interests in real property. Almost all of its revenue is generated from the United States.
Executives
Adachi Barbara director 307 N. MICHIGAN AVENUE SUITE 2300 CHICAGO IL 60601
Caldwell Lisa J director 307 N. MICHIGAN AVENUE SUITE 2300 CHICAGO IL 60601
Dare Thomas officer: SrVP Secretary General Counsel 307 NORTH MICHIGAN AVENUE CHICAGO IL 60601
Kennedy Michael Denard director 307 NORTH MICHIGAN AVENUE CHICAGO IL 60601
Oberst Stephen J officer: Executive Vice President 307 NORTH MICHIGAN AVENUE SUITE 2300 CHICAGO IL 60601
Gray William T officer: Senior VP & Treasurer
Jones Cheryl A officer: SrVP National Benefits Dir. 307 NORTH MICHIGAN AVENUE SUITE 2300 CHICAGO IL 60601
Heitkamp John R Jr officer: SrVP,Secretary,General Counsel 307 NORTH MICHIGAN AVENUE SUITE 2300 CHICAGO IL 60601
Mcnitt Peter director 2701 SPRUCE STREET QUINCY IL 62301
Kovaleski Charles J director 307 NORTH MICHIGAN AVENUE, SUITE 2300 CHICAGO IL 60601
Reed Glenn W director 307 NORTH MICHIGAN AVENUE SUITE 2300 CHICAGO IL 60601
Sodaro Frank Joseph officer: Sr. VP & Deputy CFO 307 N MICHIGAN AVENUE SUITE 2300 CHICAGO IL 60601
Bateman Steven J director 307 NORTH MICHIGAN AVENUE SUITE 2300 CHICAGO IL 60601
Smiddy Craig R officer: COO - General Insurance 307 NORTH MICHIGAN AVENUE SUITE 2300 CHICAGO IL 60601
Hellauer James C director
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