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Definity Financial (FRA:XR6) Debt-to-Asset : 0.02 (As of Mar. 2024)


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What is Definity Financial Debt-to-Asset?

Definity Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0 Mil. Definity Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €104 Mil. Definity Financial's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was €4,902 Mil. Definity Financial's debt to asset for the quarter that ended in Mar. 2024 was 0.02.


Definity Financial Debt-to-Asset Historical Data

The historical data trend for Definity Financial's Debt-to-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.

Definity Financial Debt-to-Asset Chart

Definity Financial Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
- - 0.02 0.04

Definity Financial Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.02 0.02 0.04 0.02

Competitive Comparison of Definity Financial's Debt-to-Asset

For the Insurance - Property & Casualty subindustry, Definity Financial's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Definity Financial's Debt-to-Asset Distribution in the Insurance Industry

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

* The bar in red indicates where Definity Financial's Debt-to-Asset falls into.



Definity Financial Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Definity Financial's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(78.125 + 102.458) / 4961.957
=0.04

Definity Financial's Debt-to-Asset for the quarter that ended in Mar. 2024 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.


Definity Financial  (FRA:XR6) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Definity Financial Debt-to-Asset Related Terms

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


Definity Financial (FRA:XR6) Business Description

Traded in Other Exchanges
Address
111 Westmount Road South, Waterloo, ON, CAN, N2L 2L6
Definity Financial Corp is a multi-channel, property, and casualty insurance company. It offers auto, property, liability, and pet insurance products to individual customers. Its commercial insurance products include fleet, individually-rated commercial auto, property, liability, and specialty insurance products.

Definity Financial (FRA:XR6) Headlines

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