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James River Group Holdings (James River Group Holdings) Debt-to-EBITDA : 2.49 (As of Dec. 2023)


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What is James River Group Holdings Debt-to-EBITDA?

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

James River Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. James River Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $326.4 Mil. James River Group Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was $131.0 Mil. James River Group Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.49.

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

JRVR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.88   Med: 3   Max: 13.57
Current: 2.84

During the past 13 years, the highest Debt-to-EBITDA Ratio of James River Group Holdings was 13.57. The lowest was -3.88. And the median was 3.00.

JRVR's Debt-to-EBITDA is ranked worse than
71.48% of 291 companies
in the Insurance industry
Industry Median: 1.49 vs JRVR: 2.84

James River Group Holdings Debt-to-EBITDA Historical Data

The historical data trend for James River Group Holdings'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.

James River Group Holdings Debt-to-EBITDA Chart

James River Group Holdings 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 3.94 13.57 -3.88 4.79 2.94

James River Group Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.22 4.20 2.85 2.40 2.49

Competitive Comparison of James River Group Holdings's Debt-to-EBITDA

For the Insurance - Specialty subindustry, James River Group Holdings'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.


James River Group Holdings's Debt-to-EBITDA Distribution in the Insurance Industry

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

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



James River Group Holdings Debt-to-EBITDA Calculation

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

James River Group Holdings'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 + 326.355) / 111.066
=2.94

James River Group Holdings's annualized Debt-to-EBITDA for the quarter 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 + 326.355) / 130.968
=2.49

* 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 (Dec. 2023) EBITDA data.


James River Group Holdings  (NAS:JRVR) 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.


James River Group Holdings Debt-to-EBITDA Related Terms

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


James River Group Holdings (James River Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
90 Pitts Bay Road, Wellesley House, 2nd Floor, Pembroke, BMU, HM08
James River Group Holdings Ltd owns and operates a group of specialty insurance and reinsurance companies. It reports business into four segments. The Excess and Surplus Lines segment, which is the key revenue driver, offers commercial excess and surplus lines liability and excess property insurance products; the Specialty Admitted Insurance segment offers workers' compensation insurance coverage as well as specialty admitted fronting and program business; the Casualty Reinsurance segment offers commercial liability and non-catastrophe property reinsurance to US insurance companies and to the company's US-based insurance subsidiaries; and Corporate and Other segments.
Executives
Dennis J. Langwell director C/O LIBERTY MUTUAL GROUP, 175 BERKELEY STREET, BOSTON MA 02116
Matthew Botein director 141 FRONT STREET, HAMILTON D0 HM19
Gallatin Point Capital Llc director 660 STEAMBOAT ROAD, GREENWICH CT 06830
Gpc Partners Investments (thames) Lp director 660 STEAMBOAT ROAD, GREENWICH CT 06830
Lewis A Sachs director 660 STEAMBOAT ROAD, GREENWICH CT 06830
Gpc Partners Ii Gp Llc director 660 STEAMBOAT ROAD, GREENWICH CT 06830
Thomas Lynn Brown director 8750 W. BRYN MAWR, SUITE 1300, CHICAGO IL 60631
Gould Kirstin Romann director C/O JAMES RIVER GROUP HOLDINGS, LTD., WELLESLEY HOUSE, 90 PITTS BAY ROAD, PEMBROKE D0 HM 08
Peter B. Migliorato director 3401 NORTH OCEAN, NORTH 301, PALM BEACH FL 33480
Patricia H Roberts director C/O THE NAVIGATORS GROUP, INC., 400 ATLANTIC STREET, 8TH FLOOR, STAMFORD CT 06901
Sherman Ollie L. Jr. director C/O JAMES RIVER GROUP HOLDINGS,LTD., WELLESLEY HOUSE, 90 PITTS BAY ROAD, PEMBROKE D0 HM 08
Janet Raye Cowell director C/O COOLEY LLP, 11951 FREEDOM DRIVE, SUITE 1600, RESTON VA 20190
Sundar Srinivasan director C/O JAMES RIVER GROUP HOLDINGS, LTD., 90 PITTS BAY ROAD, PEMBROKE D0 D0 HM 08
Sarah C. Doran officer: Chief Financial Officer C/O JAMES RIVER GROUP HOLDINGS, LTD., WELLESLEY HOUSE, 90 PITTS BAY ROAD, PEMBROKE D0 HM 08
Richard Schmitzer officer: Pres. & CEO - E&S Lines Sgmt C/O JAMES RIVER GROUP HOLDINGS, LTD., 90 PITTS BAY ROAD, PEMBROKE D0 D0 HM 08

James River Group Holdings (James River Group Holdings) Headlines

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