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Trupanion (Trupanion) Debt-to-Equity : 0.43 (As of Dec. 2023)


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What is Trupanion Debt-to-Equity?

Trupanion's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1 Mil. Trupanion's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $128 Mil. Trupanion's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $304 Mil. Trupanion's debt to equity for the quarter that ended in Dec. 2023 was 0.42.

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

TRUP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1   Med: 0.19   Max: 0.43
Current: 0.43

During the past 13 years, the highest Debt-to-Equity Ratio of Trupanion was 0.43. The lowest was 0.10. And the median was 0.19.

TRUP's Debt-to-Equity is ranked worse than
68.06% of 382 companies
in the Insurance industry
Industry Median: 0.25 vs TRUP: 0.43

Trupanion Debt-to-Equity Historical Data

The historical data trend for Trupanion'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.

Trupanion Debt-to-Equity Chart

Trupanion 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 0.19 - - 0.23 0.43

Trupanion 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 0.23 0.35 0.36 0.45 0.43

Competitive Comparison of Trupanion's Debt-to-Equity

For the Insurance - Specialty subindustry, Trupanion'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.


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

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

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



Trupanion Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Trupanion'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.


Trupanion  (NAS:TRUP) 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.


Trupanion Debt-to-Equity Related Terms

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


Trupanion (Trupanion) Business Description

Traded in Other Exchanges
Address
6100 4th Avenue South, Suite 400, Seattle, WA, USA, 98108
Trupanion Inc is a specialty insurance products provider in the United States. Its core business is the sale of insurance products tailor-made for pets, especially cats and dogs. It operates in two business segments: The subscription business segment generates revenue primarily from subscription fees related to the Company's direct-to-consumer products and Other business segment is comprised of revenue from other product offerings that generally have a business-to-business relationship and a different margin profile than our subscription business segment, including revenue from writing policies on behalf of third parties and revenue from other products and software solutions.
Executives
Steve Weinrauch officer: EVP, North Am & Vet Strategy 6100 4TH AVENUE SOUTH, SUITE 400, SEATTLE WA 98108
Melissa Joy Hewitt officer: General Manager 6100 4TH AVENUE SOUTH, SUITE 400, SEATTLE WA 98108
Fawwad Qureshi officer: Chief Financial Officer 6100 4TH AVENUE S, SEATTLE WA 98108
Michael Doak director 907 NW BALLARD WAY, SEATTLE WA 98107
Wei Li officer: Interim CFO 6100 4TH AVENUE SOUTH, SUITE 400, SEATTLE WA 98108
Max Broden director 1932 WYNNTON RD, COLUMBUS GA 31999
Darryl Rawlings director, officer: Chief Executive Officer 6100 4TH AVENUE SOUTH, SUITE 200, SEATTLE WA 98108
Elizabeth Mclaughlin director C/O THE ORIGINAL BARK COMPANY, 221 CANAL ST., FL 6, NEW YORK NY 10013
Paulette R. Dodson director PETSMART, INC, 19601 N 27TH AVE, PHOENIX AZ 85027
Emily Dreyer officer: SVP, Channel Growth 6100 4TH AVENUE SOUTH, SUITE 400, SEATTLE WA 98108
Brenna Mcgibney officer: Chief Administration Officer 309-1277 LYNN VALLEY ROAD, SUITE 400, NORTH VANCOUVER A1 V7J 0A2
Travis Worra officer: General Manager 6100 4TH AVENUE, SUITE 400, SEATTLE WA 98108
Simon Wheeler officer: EVP, Trupanion International 4TH FLOOR CHARTER HOUSE, WOODLANDS ROAD, ALTRINCHAM X0 WA14 1HF
John R Gallagher officer: General Manager 6100 4TH AVENUE SOUTH, SUITE 400, SEATTLE WA 98108
Kalpesh Raval officer: General Manager 6100 4TH AVENUE SOUTH, SUITE 400, SEATTLE WA 98108