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Essent Group (Essent Group) Equity-to-Asset : 0.79 (As of Dec. 2023)


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What is Essent Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Essent Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5,103 Mil. Essent Group's Total Assets for the quarter that ended in Dec. 2023 was $6,427 Mil. Therefore, Essent Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.79.

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

ESNT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.71   Med: 0.76   Max: 0.81
Current: 0.79

During the past 13 years, the highest Equity to Asset Ratio of Essent Group was 0.81. The lowest was 0.71. And the median was 0.76.

ESNT's Equity-to-Asset is ranked better than
96.96% of 493 companies
in the Insurance industry
Industry Median: 0.24 vs ESNT: 0.79

Essent Group Equity-to-Asset Historical Data

The historical data trend for Essent 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.

Essent Group Equity-to-Asset Chart

Essent Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.74 0.74 0.78 0.79

Essent Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 0.78 0.78 0.79 0.79 0.79

Competitive Comparison of Essent Group's Equity-to-Asset

For the Insurance - Specialty subindustry, Essent 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.


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

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

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



Essent 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.

Essent 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
=5102.55/6426.673
=0.79

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

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=5102.55/6426.673
=0.79

* 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.


Essent Group  (NYSE:ESNT) 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%.


Essent Group Equity-to-Asset Related Terms

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


Essent Group (Essent Group) Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM 11
Essent Group Ltd is a private mortgage insurance company in the United States. Essent provides credit protection to lenders and mortgage investors by covering a portion of the unpaid principal balance of a mortgage and certain related expenses in the event of a default. By providing capital to mitigate mortgage credit risk, the company allows lenders to make additional mortgage financing available to prospective homeowners. Essent writes mortgage guaranty coverage in all 50 states and the District of Columbia.
Executives
Mary Lourdes Gibbons officer: Sr. VP, CLO & Assit. Secretary C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Vijay Bhasin officer: Sr. VP & Chief Risk Officer C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
David B Weinstock officer: VP & Chief Accounting Officer C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Douglas J Pauls director C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Aditya Dutt director RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19
Anu Karna director C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Robert Glanville director C/O PINE BROOK ROAD PARTNERS LLC, 42ND STREET, 50TH FLOOR, NEW YORK NY 10165
Mark Casale director, officer: CEO & President C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Mcalee Lawrence E Jr officer: Sr. VP & CFO C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
William Spiegel director C/O MONTOPELIER RE HOLDINGS LTD, MINTFLOER PLACE 8 PAR LA VILLE RD, HAMILTON BERMUDA D0 HM 08
Roy James Kasmar director C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Joseph Hissong officer: Senior Vice President C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Jeff Cashmer officer: SVP & Chief Business Officer C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Christopher G Curran officer: SVP, Corporate Development C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Jane Chwick director C/O MARKETAXESS HOLDINGS, INC., 299 PARK AVENUE, NEW YORK NY 10171