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Hamilton Insurance Group (Hamilton Insurance Group) Equity-to-Asset : 0.30 (As of Mar. 2024)


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What is Hamilton Insurance Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hamilton Insurance Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $2,210 Mil. Hamilton Insurance Group's Total Assets for the quarter that ended in Mar. 2024 was $7,349 Mil. Therefore, Hamilton Insurance Group's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.30.

The historical rank and industry rank for Hamilton Insurance Group's Equity-to-Asset or its related term are showing as below:

HG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.29   Max: 0.32
Current: 0.3

During the past 4 years, the highest Equity to Asset Ratio of Hamilton Insurance Group was 0.32. The lowest was 0.28. And the median was 0.29.

HG's Equity-to-Asset is ranked better than
62.1% of 496 companies
in the Insurance industry
Industry Median: 0.24 vs HG: 0.30

Hamilton Insurance Group Equity-to-Asset Historical Data

The historical data trend for Hamilton Insurance Group's Equity-to-Asset 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.

Hamilton Insurance Group Equity-to-Asset Chart

Hamilton Insurance Group Annual Data
Trend Nov20 Nov21 Dec22 Dec23
Equity-to-Asset
- 0.32 0.29 0.31

Hamilton Insurance Group Quarterly Data
Nov20 Nov21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.28 0.28 0.31 0.30

Competitive Comparison of Hamilton Insurance Group's Equity-to-Asset

For the Insurance - Reinsurance subindustry, Hamilton Insurance Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Hamilton Insurance Group's Equity-to-Asset Distribution in the Insurance Industry

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

* The bar in red indicates where Hamilton Insurance Group's Equity-to-Asset falls into.



Hamilton Insurance Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Hamilton Insurance Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=2047.85/6671.355
=0.31

Hamilton Insurance Group's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=2209.505/7349.025
=0.30

* 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.


Hamilton Insurance Group  (NYSE:HG) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Hamilton Insurance Group Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Hamilton Insurance Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Hamilton Insurance Group (Hamilton Insurance Group) Business Description

Comparable Companies
Traded in Other Exchanges
Address
90 Pitts Bay Road, Wellesley House North, 1st Floor, Pembroke, BMU, HM 08
Hamilton Insurance Group Ltd is a Global specialty insurance and reinsurance company. It operates globally, with underwriting operations in Lloyd's, Ireland, Bermuda, and the United States. It operates three principal underwriting platforms (Hamilton Global Specialty, Hamilton Select and Hamilton Re) that are categorized into two reporting business segments (International and Bermuda).