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Essent Group Ltd   (ESNT)
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Essent Group Ltd 's Leverage Ratio

ESNT's quarterly Leverage Ratio and Total Liabilities, Equity growth


Despite a net increase in borrowings by 3.71%, Essent Group Ltd managed to enhance Leverage Ratio in the forth quarter 2023 to 0.31, falling below the company's typical Leverage Ratio.

Within Property & Casualty Insurance industry Essent Group Ltd achieved the lowest Leverage Ratio in the forth quarter 2023. While Leverage Ratio total ranking has improved so far in the forth quarter 2023 to 241, from total ranking in the third quarter 2023 at 525 .

Explain Leverage Ratio?
Who are ESNT Customers?
What are ESNT´s Total Liabilities?


ESNT Leverage Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity Change 14.35 % 11.96 % 10.8 % 10.29 % 5.34 %
Y / Y Total Liabilities Change 7.19 % 3.55 % -18.84 % -26.16 % -0.55 %
Leverage Ratio MRQ 0.31 0.32 0.31 0.32 0.33
ESNT's Total Ranking # 241 # 525 # 989 # 724 # 1048
Seq. Equity Change 6.13 % 1.58 % 1.82 % 4.18 % 3.91 %
Seq. Total Liabilities Change 3.71 % 4.13 % -1.85 % 1.13 % 0.19 %



Leverage Ratio forth quarter 2023 Company Ranking
Within: No.
Property & Casualty Insurance Industry # 1
Financial Sector # 11
Overall Market # 241


Leverage Ratio Statistics
High Average Low
0.48 0.34 0.2
(Mar 31 2022)   (Jun 30 2014)




Financial Statements
Essent Group Ltd 's Equity $ 5,103 Millions Visit ESNT's Balance sheet
Essent Group Ltd 's Total Liabilities $ 1,584 Millions Visit ESNT's Balance sheet
Source of ESNT's Sales Visit ESNT's Sales by Geography


Cumulative Essent Group Ltd 's Leverage Ratio

ESNT's Leverage Ratio for the trailling 12 Months

ESNT Leverage Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity TTM Growth 14.35 % 11.96 % 10.8 % 10.29 % 5.34 %
Y / Y Total Liabilities TTM Growth 7.19 % 3.55 % -18.84 % -26.16 % -0.55 %
Leverage Ratio TTM 0.31 0.32 0.33 0.35 0.39
Total Ranking TTM # 109 # 24 # 7 # 4 # 7
Seq. Equity TTM Growth 6.13 % 1.58 % 1.82 % 4.18 % 3.91 %
Seq. Total Liabilities TTM Growth 3.71 % 4.13 % -1.85 % 1.13 % 0.19 %


On the trailing twelve months basis Despite of the net new borrowings of 3.71% during the twelve months period ending in IV Quarter 2023 Essent Group Ltd has managed to decrease Leverage Ratio in the IV Quarter 2023 to 0.31, below Essent Group Ltd 's average Leverage Ratio.
Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Property & Casualty Insurance industry ESNT recorded the lowest Leverage Ratio. While Leverage Ratio total ranking has deteriorated during the twelve months ending in the IV Quarter 2023, compared to the prior period, from 24 to 109.

Explain Leverage Ratio?
Who are ESNT Customers?
What are ESNT´s Total Liabilities?

TTM Leverage Ratio Company Ranking
Within: No.
Within the Property & Casualty Insurance Industry # 1
Financial Sector # 7
Within the Market # 109


trailing twelve months Leverage Ratio Statistics
High Average Low
0.41 0.34 0.27
(Sep 30 2017)   (Dec 31 2023)




Companies with similar Leverage Ratio in the quarter ending Dec 31 2023, within Property & Casualty Insurance Industry Leverage RatioDec 31 2023 MRQ Total LiabilitiesDec 31 2023 MRQ Equity
Radian Group Inc  0.81 $ 3,566.276  Millions$ 4,397.805  Millions
Nmi Holdings Inc   0.57 $ 1,100.692  Millions$ 1,926.004  Millions
Fundamental Global Inc   0.55 $ 23.450  Millions$ 42.492  Millions
Mgic Investment Corp  0.39 $ 1,971.742  Millions$ 5,072.017  Millions
Essent Group Ltd   0.31 $ 1,584.218  Millions$ 5,102.550  Millions

Date modified: 2024-02-16T22:34:51+00:00



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