SiriusPoint (SPNT) Debt Metrics
Market Cap: $2.69B
Avg Volume: 643.20K
Industry: Insurance - Reinsurance
Sector: Financial Services
How much debt does SiriusPoint have?
According to SiriusPoint's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
SiriusPoint's total debt stands at $639.10M. This is broken down into:
- Long-term debt: $-
- Short-term debt: $-
The company's net debt, which accounts for cash and cash equivalents, is $-894.60M. In terms of overall financial obligations, SiriusPoint's total liabilities amount to $10.59B.
Debt Ratios and Metrics
To better understand SiriusPoint's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.33 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 5.10% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 0.00 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 0.00% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 24.80% - this indicates the total debt in the company's capital structure.
These metrics provide insight into SiriusPoint's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$639.10M
Long-term Debt
$-
Short-term Debt
$-
Net Debt
$-894.60M
Total Liabilities
$10.59B
Interest Coverage
0.00
Debt to Equity Ratio
0.33
Debt Ratio
5.10%
SiriusPoint Historical Debt Metrics
SiriusPoint Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $639.10M | $- | $- | $-894.60M | $10.59B | 0.33 | 5.10% | 0.00 | 0.00% | 24.80% |
| 2023 | $786.20M | $689.60M | $- | $-183.00M | $10.34B | 0.31 | 6.11% | 39.07 | 23.82% | 23.82% |
| 2022 | $778.00M | $808.30M | $- | $72.70M | $8.95B | 0.37 | 7.05% | -8.93 | 27.27% | 27.27% |
| 2021 | $816.70M | $816.70M | $- | $-183.10M | $8.12B | 0.33 | 7.69% | -3.05 | 24.60% | 24.60% |
| 2020 | $114.27M | $114.30M | $- | $-411.72M | $1.97B | 0.07 | 3.23% | 18.42 | 6.81% | 6.81% |
| 2019 | $114.09M | $114.09M | $- | $-525.33M | $2.03B | 0.08 | 3.32% | 24.47 | 7.47% | 7.47% |
| 2018 | $113.91M | $113.91M | $- | $9.73M | $1.88B | 0.09 | 3.69% | -38.10 | 8.64% | 8.64% |
| 2017 | $113.73M | $113.73M | $- | $105.54M | $2.90B | 0.07 | 2.43% | 36.23 | 6.43% | 6.43% |
| 2016 | $113.56M | $113.56M | $- | $103.60M | $2.45B | 0.08 | 2.91% | 4.19 | 7.43% | 7.43% |
| 2015 | $113.38M | $113.38M | $- | $92.97M | $2.15B | 0.08 | 3.20% | -12.49 | 7.59% | 7.59% |
Related Metrics
Explore detailed financial metrics and analysis for SPNT.