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F&G Annuities & Life (F&G Annuities & Life) Equity-to-Asset : 0.05 (As of Mar. 2024)


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What is F&G Annuities & Life Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. F&G Annuities & Life's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $3,546 Mil. F&G Annuities & Life's Total Assets for the quarter that ended in Mar. 2024 was $74,434 Mil. Therefore, F&G Annuities & Life's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.05.

The historical rank and industry rank for F&G Annuities & Life's Equity-to-Asset or its related term are showing as below:

FG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03   Med: 0.04   Max: 0.09
Current: 0.05

During the past 5 years, the highest Equity to Asset Ratio of F&G Annuities & Life was 0.09. The lowest was 0.03. And the median was 0.04.

FG's Equity-to-Asset is ranked worse than
89.34% of 497 companies
in the Insurance industry
Industry Median: 0.24 vs FG: 0.05

F&G Annuities & Life Equity-to-Asset Historical Data

The historical data trend for F&G Annuities & Life'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.

F&G Annuities & Life Equity-to-Asset Chart

F&G Annuities & Life Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
- 0.10 0.09 0.04 0.04

F&G Annuities & Life Quarterly Data
Dec19 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.04 0.04 0.04 0.05

Competitive Comparison of F&G Annuities & Life's Equity-to-Asset

For the Insurance - Life subindustry, F&G Annuities & Life'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.


F&G Annuities & Life's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, F&G Annuities & Life's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where F&G Annuities & Life's Equity-to-Asset falls into.



F&G Annuities & Life 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.

F&G Annuities & Life'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
=3103/70202
=0.04

F&G Annuities & Life's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=3546/74434
=0.05

* 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.


F&G Annuities & Life  (NYSE:FG) 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%.


F&G Annuities & Life Equity-to-Asset Related Terms

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


F&G Annuities & Life (F&G Annuities & Life) Business Description

Traded in Other Exchanges
N/A
Address
801 Grand Avenue, Suite 2600, Des Moines, IA, USA, 50309
F&G Annuities & Life Inc is a provider of insurance solutions serving retail annuity and life customers as well as institutional clients. Through its insurance subsidiaries, including FGL Insurance and Fidelity & Guaranty Life Insurance Company of New York it markets a broad portfolio of deferred annuities (fixed indexed annuities (FIAs) and multi-year guarantee annuities (MYGAs) or other fixed rate annuities), immediate annuities, indexed universal life (IUL) insurance, funding agreements (through funding agreement-backed notes (FABN) issuances and the Federal Home Loan Bank of Atlanta (FHLB)) and pension risk transfer (PRT) solutions.
Executives
Christopher O Blunt officer: President & CEO 801 GRAND AVENUE, SUITE 2600, DES MOINES IA 50309
Doka Celina J. Wang director 801 GRAND AVENUE, SUITE 2600, DES MOINES IA 50309
Douglas K Ammerman director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Douglas Martinez director 801 GRAND AVENUE, SUITE 2600, DES MOINES IA 50309
Currier John David Jr. officer: President, Retail Markets 601 LOCUST STREET, 14TH FLOOR, DES MOINES IA 50309
Scott D. Cochran officer: President, Inst. & New Markets 1370 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Young Wendy J.b. officer: CFO TWO RUAN CENTER, 601 LOCUST STREET, 14TH FLOOR, DES MOINES IA 50309
Leena Punjabi officer: Chief Investment Officer 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 18934
David Edward Martin officer: CRO 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 18934
Foley William P Ii director, officer: Exec Chairman of the Board FIDELITY NATIONAL FINANCIAL, INC., 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Fidelity National Financial, Inc. 10 percent owner 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
John D Rood director 3020 HARTLEY ROAD SUITE 300, JACKSONVILLE FL 32257
Raymond R Quirk director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Michael Joseph Nolan director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204