GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Enstar Group Ltd (FRA:48R) » Definitions » Debt-to-EBITDA

Enstar Group (FRA:48R) Debt-to-EBITDA : 2.96 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Enstar Group Debt-to-EBITDA?

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

Enstar Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.0 Mil. Enstar Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1,685.4 Mil. Enstar Group's annualized EBITDA for the quarter that ended in Mar. 2024 was €570.4 Mil. Enstar Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.95.

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 Enstar Group's Debt-to-EBITDA or its related term are showing as below:

FRA:48R' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.26   Med: 1.49   Max: 2.72
Current: 2.72

During the past 13 years, the highest Debt-to-EBITDA Ratio of Enstar Group was 2.72. The lowest was -4.26. And the median was 1.49.

FRA:48R's Debt-to-EBITDA is ranked worse than
74.07% of 297 companies
in the Insurance industry
Industry Median: 1.41 vs FRA:48R: 2.72

Enstar Group Debt-to-EBITDA Historical Data

The historical data trend for Enstar Group'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.

Enstar Group Debt-to-EBITDA Chart

Enstar Group 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 1.24 0.85 2.69 -2.46 1.74

Enstar Group 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 0.86 10.40 7.04 1.12 2.96

Competitive Comparison of Enstar Group's Debt-to-EBITDA

For the Insurance - Diversified subindustry, Enstar Group'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.


Enstar Group's Debt-to-EBITDA Distribution in the Insurance Industry

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

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



Enstar Group Debt-to-EBITDA Calculation

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

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 1679.027) / 962.85
=1.74

Enstar Group'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 + 1685.44) / 570.4
=2.95

* 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.


Enstar Group  (FRA:48R) 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.


Enstar Group Debt-to-EBITDA Related Terms

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


Enstar Group (FRA:48R) Business Description

Traded in Other Exchanges
Address
22 Queen Street, Windsor Place, 3rd Floor, Hamilton, BMU, HM JX
Enstar Group Ltd is a (re)insurance group that offers capital release solutions through its network of group companies. It seeks to create value by managing (re)insurance companies and portfolios of (re)insurance and other liability business in run-off and striving to generate an attractive risk-adjusted return from its investment portfolio. Its operations through four reportable segments: Run-off, Assumed Life, Investments, and Legacy Underwriting.

Enstar Group (FRA:48R) Headlines

No Headlines