GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » MetLife Inc (BSP:METB34) » Definitions » Debt-to-Equity

MetLife (BSP:METB34) Debt-to-Equity : 0.63 (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is MetLife Debt-to-Equity?

MetLife's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$583 Mil. MetLife's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$91,670 Mil. MetLife's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$147,067 Mil. MetLife's debt to equity for the quarter that ended in Dec. 2023 was 0.63.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for MetLife's Debt-to-Equity or its related term are showing as below:

BSP:METB34' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24   Med: 0.3   Max: 0.63
Current: 0.63

During the past 13 years, the highest Debt-to-Equity Ratio of MetLife was 0.63. The lowest was 0.24. And the median was 0.30.

BSP:METB34's Debt-to-Equity is ranked worse than
80.37% of 382 companies
in the Insurance industry
Industry Median: 0.25 vs BSP:METB34: 0.63

MetLife Debt-to-Equity Historical Data

The historical data trend for MetLife's Debt-to-Equity 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.

MetLife Debt-to-Equity Chart

MetLife Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.24 0.26 0.60 0.63

MetLife Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity 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 0.60 0.56 0.59 0.73 0.63

Competitive Comparison of MetLife's Debt-to-Equity

For the Insurance - Life subindustry, MetLife's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


MetLife's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, MetLife's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where MetLife's Debt-to-Equity falls into.



MetLife Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MetLife's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

MetLife's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


MetLife  (BSP:METB34) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


MetLife Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of MetLife's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


MetLife (BSP:METB34) Business Description

Address
200 Park Avenue, New York, NY, USA, 10166-0188
MetLife is one of the largest life insurers in the U.S. by assets and provides a variety of insurance and financial services products. The company is organized into five segments: U.S., Asia, Latin America, EMEA, and MetLife Holdings. The U.S. business contributes around 41% of earnings and is broken into the group benefits segment and the retirement solutions segment. The Asia segment contributes around 28% of earnings and is mainly composed of the Japan business with increasing contributions from India, China, and Bangladesh. The company also holds leading market positions in Mexico and Chile with the Latin America segment contributing around 6% of earnings. The EMEA and the MetLife segments contribute around 5% and 20% of earnings, respectively.

MetLife (BSP:METB34) Headlines

No Headlines