GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Unum Group (FRA:UUM) » Definitions » Equity-to-Asset

Unum Group (FRA:UUM) Equity-to-Asset : 0.15 (As of Dec. 2023)


View and export this data going back to 1986. Start your Free Trial

What is Unum Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Unum Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €8,850 Mil. Unum Group's Total Assets for the quarter that ended in Dec. 2023 was €58,005 Mil. Therefore, Unum Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.15.

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

FRA:UUM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.15   Max: 0.16
Current: 0.15

During the past 13 years, the highest Equity to Asset Ratio of Unum Group was 0.16. The lowest was 0.14. And the median was 0.15.

FRA:UUM's Equity-to-Asset is ranked worse than
65.85% of 492 companies
in the Insurance industry
Industry Median: 0.24 vs FRA:UUM: 0.15

Unum Group Equity-to-Asset Historical Data

The historical data trend for Unum 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.

Unum Group Equity-to-Asset Chart

Unum 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 0.15 0.15 0.16 0.14 0.15

Unum 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 0.14 0.15 0.15 0.16 0.15

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

For the Insurance - Life subindustry, Unum 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.


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

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

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



Unum 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.

Unum 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
=8850.334/58005.018
=0.15

Unum 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
=8850.334/58005.018
=0.15

* 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.


Unum Group  (FRA:UUM) 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%.


Unum Group Equity-to-Asset Related Terms

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


Unum Group (FRA:UUM) Business Description

Traded in Other Exchanges
Address
1 Fountain Square, Chattanooga, TN, USA, 37402
Unum Group is a provider of group and individual income protection insurance products in the United States, the United Kingdom, Poland, and other countries. It is the largest domestic disability insurer, with the majority of premiums generated from employer plans. The company also offers a complementary portfolio of other insurance products, including long-term care insurance, life insurance, and employer- and employee-paid group benefits. It has the following operating business segments: Unum US, Unum International, and Colonial Life. The majority of the revenue is earned from the Unum US segment. The firm markets its products primarily through brokers.

Unum Group (FRA:UUM) Headlines

No Headlines