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

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What is Brookfield Reinsurance Debt-to-Equity?

Brookfield Reinsurance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Brookfield Reinsurance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,743 Mil. Brookfield Reinsurance's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $8,703 Mil. Brookfield Reinsurance's debt to equity for the quarter that ended in Dec. 2023 was 0.43.

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

BNRE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.46 Max: 0.89
Current: 0.43

During the past 6 years, the highest Debt-to-Equity Ratio of Brookfield Reinsurance was 0.89. The lowest was 0.00. And the median was 0.46.

BNRE's Debt-to-Equity is ranked worse than
68.75% of 384 companies
in the Insurance industry
Industry Median: 0.24 vs BNRE: 0.43

Brookfield Reinsurance Debt-to-Equity Historical Data

The historical data trend for Brookfield Reinsurance'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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Brookfield Reinsurance Debt-to-Equity Chart

Brookfield Reinsurance Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.48

0.89

0.43

Brookfield Reinsurance Quarterly Data
	Dec18	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													0.89	0.84	0.75	0.43	0.43

Competitive Comparison of Brookfield Reinsurance's Debt-to-Equity

For the Insurance - Reinsurance subindustry, Brookfield Reinsurance'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.

Brookfield Reinsurance's Debt-to-Equity Distribution in the Insurance Industry

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

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

Brookfield Reinsurance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Brookfield Reinsurance's Debt to Equity Ratio for the fiscal year 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
	=	(0	+	3743)	/	8703
	=	0.43

Brookfield Reinsurance'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
	=	(0	+	3743)	/	8703
	=	0.43

Brookfield Reinsurance (NYSE:BNRE) 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.

Brookfield Reinsurance Debt-to-Equity Related Terms

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Brookfield Reinsurance (Brookfield Reinsurance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Brookfield Reinsurance Ltd (NYSE:BNRE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BNRE.A:USA 9JG0:Germany BNRE.A:Canada BNRE:Canada

Address

94 Pitts Bay Road, Ideation House, First Floor, Pembroke, BMU, HM08

Website

https://www.bamr.brookfield.com

Brookfield Reinsurance Ltd owns and operates a reinsurance business focused on providing capital-based solutions to insurance companies and their stakeholders. The company offers a broad range of insurance products and services, including life insurance and annuities, and personal and commercial property and casualty insurance.