AUB Group (ASX:AUB) Debt-to-Equity : 0.60 (As of Dec. 2023)

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What is AUB Group Debt-to-Equity?

AUB Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$31.5 Mil. AUB Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$722.3 Mil. AUB Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$1,252.7 Mil. AUB Group's debt to equity for the quarter that ended in Dec. 2023 was 0.60.

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

ASX:AUB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.32 Max: 0.76
Current: 0.6

During the past 13 years, the highest Debt-to-Equity Ratio of AUB Group was 0.76. The lowest was 0.09. And the median was 0.32.

ASX:AUB's Debt-to-Equity is ranked worse than
78.59% of 383 companies
in the Insurance industry
Industry Median: 0.25 vs ASX:AUB: 0.60

AUB Group Debt-to-Equity Historical Data

The historical data trend for AUB Group'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.

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AUB Group Debt-to-Equity Chart

AUB Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.25

0.61

0.50

0.09

0.52

AUB Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.54	0.09	0.76	0.52	0.60

Competitive Comparison of AUB Group's Debt-to-Equity

For the Insurance Brokers subindustry, AUB Group'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.

AUB Group's Debt-to-Equity Distribution in the Insurance Industry

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

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

AUB Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AUB Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(34.512	+	626.595)	/	1279.853
	=	0.52

AUB Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(31.472	+	722.332)	/	1252.679
	=	0.60

AUB Group (ASX:AUB) 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.

AUB Group Debt-to-Equity Related Terms

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AUB Group (ASX:AUB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » AUB Group Ltd (ASX:AUB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

A5H:Germany

Address

141 Walker Street, Level 14, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.aubgroup.com.au

AUB Group is the second-largest general insurance broker network in Australia and New Zealand. It has an ownership in brokerage businesses which collectively write over AUD 5 billion in premiums. It also owns equity stakes in 27 underwriting agencies. AUB derives revenue from commissions (from insurers, ultimately paid for by AUB's customers) based on gross written premium, or GWP, from agencies it owns, and a share of profits from associates and joint ventures. GWP is split between personal (7%), small to medium enterprises (65%), and corporates (28%).