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SiriusPoint (SiriusPoint) Debt-to-Equity : 0.31 (As of Dec. 2023)


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What is SiriusPoint Debt-to-Equity?

SiriusPoint's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. SiriusPoint's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $786 Mil. SiriusPoint's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,514 Mil. SiriusPoint's debt to equity for the quarter that ended in Dec. 2023 was 0.31.

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 SiriusPoint's Debt-to-Equity or its related term are showing as below:

SPNT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.08   Max: 0.38
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of SiriusPoint was 0.38. The lowest was 0.07. And the median was 0.08.

SPNT's Debt-to-Equity is ranked worse than
57.33% of 382 companies
in the Insurance industry
Industry Median: 0.24 vs SPNT: 0.31

SiriusPoint Debt-to-Equity Historical Data

The historical data trend for SiriusPoint'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.

SiriusPoint Debt-to-Equity Chart

SiriusPoint 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 0.08 0.07 0.33 0.38 0.31

SiriusPoint 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 0.38 0.35 0.34 0.34 0.31

Competitive Comparison of SiriusPoint's Debt-to-Equity

For the Insurance - Reinsurance subindustry, SiriusPoint'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.


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

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

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



SiriusPoint Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

SiriusPoint'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.


SiriusPoint  (NYSE:SPNT) 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.


SiriusPoint Debt-to-Equity Related Terms

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


SiriusPoint (SiriusPoint) Business Description

Traded in Other Exchanges
Address
3 Waterloo Lane, Point Building, Pembroke, BMU, HM 08
SiriusPoint Ltd provides property and casualty reinsurance coverage to insurance and reinsurance companies in the United States, Bermuda, the United Kingdom, and Europe. The company operates through two operating segments: Reinsurance and Insurance & Services. The company's product portfolio consists of reinsurance contracts for property insurance including both residential and commercial properties, workers' compensation, personal automobile, businesses' general liability insurance, professional liability insurance to protect professional advisors and service providers, agriculture insurance, and mortgage insurance.
Executives
Wei Han Tan director SUITE 1307, BEA TOWER, 66 HUA YUAN SHI QIAO ROAD, SHANGHAI F4 200120
De La Gueronniere Rafe director THE WATERFRONT, CHESNEY HOUSE, 96 PITTS BAY ROAD, PEMBROKE D0 HM 08
Mehdi Mahmud director 1345 AVENUES OF AMERICAS, 48TH FLOOR, NEW YORK NY 10105
Daniel S Loeb director THIRD POINT LLC, 390 PARK AVENUE, NEW YORK NY 10022
Bronislaw Edmund Masojada director POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Robin Gibbs officer: CEO, SiriusPoint International POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Gretchen A. Hayes director POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Stephen Yendall officer: Chief Financial Officer POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Scott Egan director, officer: Chief Executive Officer POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Jason Robart director POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Andreas Kull officer: Chief Risk Officer POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Daniel V. Malloy officer: EVP, Underwriting THE WATERFRONT, CHESNEY HOUSE, 96 PITTS BAY ROAD, PEMBROKE D0 HM 08
Anthony L Lehan officer: Chief Accounting Officer POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Ming Zhang officer: Chief Investment Officer POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Franklin Iv Montross director POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08

SiriusPoint (SiriusPoint) Headlines

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