SiriusPoint (SiriusPoint) LT-Debt-to-Total-Asset : 0.06 (As of Mar. 2024)

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What is SiriusPoint 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. SiriusPoint's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.06.

SiriusPoint's long-term debt to total assets ratio declined from Mar. 2023 (0.07) to Mar. 2024 (0.06). It may suggest that SiriusPoint is progressively becoming less dependent on debt to grow their business.

SiriusPoint LT-Debt-to-Total-Asset Historical Data

The historical data trend for SiriusPoint'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.

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SiriusPoint LT-Debt-to-Total-Asset Chart

SiriusPoint Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

0.08

0.07

0.06

SiriusPoint 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															0.07	0.06	0.06	0.06	0.06

SiriusPoint LT-Debt-to-Total-Asset Calculation

SiriusPoint'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 )
	=	786.2	/	12871.5
	=	0.06

SiriusPoint'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 )
	=	770.6	/	13135.8
	=	0.06

SiriusPoint (NYSE:SPNT) 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.

SiriusPoint LT-Debt-to-Total-Asset Related Terms

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SiriusPoint (SiriusPoint) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » SiriusPoint Ltd (NYSE:SPNT) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

SPNTpB.PFD:USA

Address

3 Waterloo Lane, Point Building, Pembroke, BMU, HM 08

Website

https://www.siriuspt.com

SiriusPoint Ltd provides property and casualty reinsurance coverage to insurance and reinsurance companies in the United States, Bermuda, the United Kingdom, and Europe. The company operates through two operating segments: Reinsurance and Insurance & Services. The company's product portfolio consists of reinsurance contracts for property insurance including both residential and commercial properties, workers' compensation, personal automobile, businesses' general liability insurance, professional liability insurance to protect professional advisors and service providers, agriculture insurance, and mortgage insurance.

Executives

Wei Han Tan	director	SUITE 1307, BEA TOWER, 66 HUA YUAN SHI QIAO ROAD, SHANGHAI F4 200120
De La Gueronniere Rafe	director	THE WATERFRONT, CHESNEY HOUSE, 96 PITTS BAY ROAD, PEMBROKE D0 HM 08
Mehdi Mahmud	director	1345 AVENUES OF AMERICAS, 48TH FLOOR, NEW YORK NY 10105
Daniel S Loeb	director	THIRD POINT LLC, 390 PARK AVENUE, NEW YORK NY 10022
Bronislaw Edmund Masojada	director	POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Robin Gibbs	officer: CEO, SiriusPoint International	POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Gretchen A. Hayes	director	POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Stephen Yendall	officer: Chief Financial Officer	POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Scott Egan	director, officer: Chief Executive Officer	POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Jason Robart	director	POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Andreas Kull	officer: Chief Risk Officer	POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Daniel V. Malloy	officer: EVP, Underwriting	THE WATERFRONT, CHESNEY HOUSE, 96 PITTS BAY ROAD, PEMBROKE D0 HM 08
Anthony L Lehan	officer: Chief Accounting Officer	POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Ming Zhang	officer: Chief Investment Officer	POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Franklin Iv Montross	director	POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08