Ryan Specialty Holdings (Ryan Specialty Holdings) Debt-to-Equity : 3.88 (As of Mar. 2024)

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What is Ryan Specialty Holdings Debt-to-Equity?

Ryan Specialty Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $59 Mil. Ryan Specialty Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2,090 Mil. Ryan Specialty Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $554 Mil. Ryan Specialty Holdings's debt to equity for the quarter that ended in Mar. 2024 was 3.88.

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 Ryan Specialty Holdings's Debt-to-Equity or its related term are showing as below:

RYAN' s Debt-to-Equity Range Over the Past 10 Years
Min: -81.88 Med: 4.51 Max: 2995.44
Current: 3.88

During the past 5 years, the highest Debt-to-Equity Ratio of Ryan Specialty Holdings was 2995.44. The lowest was -81.88. And the median was 4.51.

RYAN's Debt-to-Equity is ranked worse than
98.69% of 383 companies
in the Insurance industry
Industry Median: 0.25 vs RYAN: 3.88

Ryan Specialty Holdings Debt-to-Equity Historical Data

The historical data trend for Ryan Specialty Holdings'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.

* Premium members only.

Ryan Specialty Holdings Debt-to-Equity Chart

Ryan Specialty Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-8.88

24.20

4.90

4.51

3.85

Ryan Specialty Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial													4.22	3.87	3.97	3.85	3.88

Competitive Comparison of Ryan Specialty Holdings's Debt-to-Equity

For the Insurance - Specialty subindustry, Ryan Specialty Holdings'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.

Ryan Specialty Holdings's Debt-to-Equity Distribution in the Insurance Industry

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

* The bar in red indicates where Ryan Specialty Holdings's Debt-to-Equity falls into.

Ryan Specialty Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ryan Specialty Holdings'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
	=	(56.744	+	2098.294)	/	559.754
	=	3.85

Ryan Specialty Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(58.989	+	2090.242)	/	554.35
	=	3.88

Ryan Specialty Holdings (NYSE:RYAN) 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.

Ryan Specialty Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Ryan Specialty Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Ryan Specialty Holdings (Ryan Specialty Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Ryan Specialty Holdings Inc (NYSE:RYAN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

180 North Stetson Avenue, Suite 4600, Two Prudential Plaza, Chicago, IL, USA, 60601

Website

https://www.ryanspecialty.com

Ryan Specialty Holdings Inc is a service provider of specialty products and solutions for insurance brokers, agents, and carriers. It provides distribution, underwriting, product development, administration, and risk management services by acting as a wholesale broker and a managing underwriter.

Executives

David P Bolger	director	200 EST RANDOLPH ST, CHICAGO IL 60601
Anthony J Kuczinski	director	800 GESSNER ROAD, SUITE 600, HOUSTON TX 77024
Nicholas Dominic Cortezi	director, officer: See Remarks	180 N. STETSON AVENUE, SUITE 4600, CHICAGO IL 60601
Lisa Jo Paschal-alcorn	officer: See Remarks	180 N. STETSON AVENUE, SUITE 4600, CHICAGO IL 60601
Michael Conklin	officer: EVP & CHRO	500 DELAWARE AVENUE, WSFS FINANCIAL CORPORATION & BANK CENTER, WILMINGTON DE 19801
Francesca Cornelli	director	C/O GROSVENOR CAPITAL MANAGEMENT, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Brendan Martin Mulshine	officer: See Remarks	180 N. STETSON AVENUE, SUITE 4600, CHICAGO IL 60601
Onex Corp	director	161 BAY STREET, P O BOX 700, TORONTO ONTARIO CANA A6
Timothy William Turner	director, officer: President	180 N. STETSON AVENUE, SUITE 4600, CHICAGO IL 60601
Patrick G Ryan	director, 10 percent owner, officer: Chief Executive Officer	180 N. STETSON AVENUE, SUITE 4600, CHICAGO IL 60601
Mark Stephen Katz	officer: See Remarks	180 N. STETSON AVENUE, SUITE 4600, CHICAGO IL 60601
Michael Thomas Vanacker	officer: See Remarks	180 N. STETSON AVENUE, SUITE 4600, CHICAGO IL 60601
Michael D Ohalleran	director	1450 WAUKEGAN ROAD, MCGAW PARK, CHICAGO IL 60085
Michelle L Collins	director	C/O MOLEX INCORPORATED, 2222 WELLINGTON COURT, LISLE IL 60503
Devers William J Jr	director	233 NORTH MICHIGAN AVENUE, 22ND FLOOR, CHICAGO IL 60601