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Athene Holding (Athene Holding) Debt-to-EBITDA : 0.76 (As of Mar. 2024)


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What is Athene Holding Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Athene Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Athene Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $5,740.00 Mil. Athene Holding's annualized EBITDA for the quarter that ended in Mar. 2024 was $7,536.00 Mil. Athene Holding's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.76.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

During the past 11 years, the highest Debt-to-EBITDA Ratio of Athene Holding was 3.53. The lowest was 0.80. And the median was 2.17.

ATHpD.PFD's Debt-to-EBITDA is not ranked *
in the Insurance industry.
Industry Median: 1.42
* Ranked among companies with meaningful Debt-to-EBITDA only.

Athene Holding Debt-to-EBITDA Historical Data

The historical data trend for Athene Holding's Debt-to-EBITDA 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.

Athene Holding Debt-to-EBITDA Chart

Athene Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

Athene Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-EBITDA 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 0.61 1.20 1.50 N/A 0.76

Competitive Comparison of Athene Holding's Debt-to-EBITDA

For the Insurance - Diversified subindustry, Athene Holding's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Athene Holding's Debt-to-EBITDA Distribution in the Insurance Industry

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

* The bar in red indicates where Athene Holding's Debt-to-EBITDA falls into.



Athene Holding Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Athene Holding's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Athene Holding's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 5740) / 7536
=0.76

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2024) EBITDA data.


Athene Holding  (NYSE:ATHpD.PFD) Debt-to-EBITDA Explanation

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


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Athene Holding Debt-to-EBITDA Related Terms

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


Athene Holding (Athene Holding) Business Description

Comparable Companies
Traded in Other Exchanges
Address
16 Church Street, Second Floor, Washington House, Hamilton, BMU, HM 11
Athene Holding Ltd is a retirement services company. It issues, reinsures, and acquires retirement savings products designed for the increasing number of individuals and institutions seeking to fund retirement needs. The company operates in the business segment of marketing annuity products, fixed rate and fixed indexed annuities. The entity has business operations in the US and other countries. The company earns majority of the revenue from US.
Executives
Vishal Narendra Sheth director SECOND FLOOR, WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Michael Stephen Downing officer: EVP, COO and Chief Actuary SECOND FLOOR, WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Marc J Rowan director APOLLO ADVISORS LP, 1301 AVE OF THE AMERICAS, NEW YORK NY 10019
Sarah Jean Vanbeck officer: SVP, Corp. Controller & PAO SECOND FLOOR, WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
John Leonard Golden officer: EVP and General Counsel C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Douglas Bartlett Niemann officer: EVP and Chief Risk Officer C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Lynn C Swann director C/O AMERICAN HOMES 4 RENT, 23975 PARK SORRENTO, SUITE 300, CALABASAS CA 91302
Apollo Principal Holdings Ii, L.p. 10 percent owner 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Apollo Principal Holdings Ii Gp, Llc 10 percent owner 9 W. 57TH ST., 43RD FLOOR, NEW YORK NY 10019
Mitra O'neill director C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Scott Kleinman director C/O APOLLO MANAGEMENT L P, 1301 AVENUE OF THE AMERICANS 38TH FL., NEW YORK NY 10018
John Andrew Sondej officer: SVP, Controller and PAO C/O ATHENE HOLDING LTD., CHESNEY HOUSE, FIRST FLOOR, 96 PITTS BAY ROAD, PEMBROKE D0 HM08
Travis Michael Tweed officer: See Remarks C/O ATHENE HOLDING LTD., CHESNEY HOUSE, FIRST FLOOR, 96 PITTS BAY ROAD, PEMBROKE D0 HM08
Fehmi Alexander Zeko director C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Manfred Puffer director C/O APOLLO MANAGEMENT, L.P., 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019