GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Enstar Group Ltd (FRA:48R) » Definitions » LT-Debt-to-Total-Asset

Enstar Group (FRA:48R) LT-Debt-to-Total-Asset : 0.09 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Enstar Group LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Enstar Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.09.

Enstar Group's long-term debt to total assets ratio stayed the same from Mar. 2023 (0.09) to Mar. 2024 (0.09).


Enstar Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Enstar Group's LT-Debt-to-Total-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.

Enstar Group LT-Debt-to-Total-Asset Chart

Enstar Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.06 0.07 0.08 0.09

Enstar Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
LT-Debt-to-Total-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 0.09 0.08 0.09 0.09 0.09

Enstar Group LT-Debt-to-Total-Asset Calculation

Enstar Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=1679.027/19177.221
=0.09

Enstar Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )/Total Assets (Q: Mar. 2024 )
=1685.44/18643.8
=0.09

* 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.


Enstar Group  (FRA:48R) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.


Enstar Group LT-Debt-to-Total-Asset Related Terms

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


Enstar Group (FRA:48R) Business Description

Traded in Other Exchanges
Address
22 Queen Street, Windsor Place, 3rd Floor, Hamilton, BMU, HM JX
Enstar Group Ltd is a (re)insurance group that offers capital release solutions through its network of group companies. It seeks to create value by managing (re)insurance companies and portfolios of (re)insurance and other liability business in run-off and striving to generate an attractive risk-adjusted return from its investment portfolio. Its operations through four reportable segments: Run-off, Assumed Life, Investments, and Legacy Underwriting.

Enstar Group (FRA:48R) Headlines

No Headlines