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

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


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

Within Property & Casualty Insurance industry Essent Group Ltd achieved the lowest Tangible Leverage Ratio in the forth quarter 2023. While Tangible 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 Tangible Leverage Ratio?
What is ESNT Market Share?
What are ESNT´s Total Liabilities?


ESNT Tangible 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 Tangible Equity Change 12.72 % 10.47 % 10.8 % 10.29 % 5.34 %
Y / Y Total Liabilities Change 7.19 % 3.55 % -18.84 % -26.16 % -0.55 %
Tangible Leverage Ratio MRQ 0.31 0.32 0.31 0.32 0.33
ESNT's Total Ranking # 241 # 525 # 989 # 724 # 1048
Seq. Tangible Equity Change 6.03 % 0.22 % 1.82 % 4.18 % 3.91 %
Seq. Total Liabilities Change 3.71 % 4.13 % -1.85 % 1.13 % 0.19 %



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


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




Financial Statements
Essent Group Ltd 's Tangible Equity $ 5,030 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 Tangible Leverage Ratio

ESNT's Tangible Leverage Ratio for the trailling 12 Months

ESNT Tangible 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 Tangible Equity TTM Growth 12.72 % 10.47 % 10.8 % 10.29 % 5.34 %
Y / Y Total Liabilities TTM Growth 7.19 % 3.55 % -18.84 % -26.16 % -0.55 %
Tangible Leverage Ratio TTM 0.32 0.32 0.33 0.35 0.39
Total Ranking TTM # 109 # 24 # 7 # 4 # 7
Seq. Tangible Equity TTM Growth 6.03 % 0.22 % 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 unchanged Tangible Leverage Ratio in the IV Quarter 2023 to 0.32, below Essent Group Ltd 's average Tangible Leverage Ratio.
Tangible Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Property & Casualty Insurance industry ESNT recorded the lowest Tangible Leverage Ratio. While Tangible 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 Tangible Leverage Ratio?
What is ESNT Market Share?
What are ESNT´s Total Liabilities?

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


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




Companies with similar Tangible Leverage Ratio in the quarter ending Dec 31 2023, within Property & Casualty Insurance Industry Tangible Leverage RatioDec 31 2023 MRQ Total LiabilitiesDec 31 2023 MRQ Tangible Equity
Radian Group Inc  0.81 $ 3,566.276  Millions$ 4,397.805  Millions
Nmi Holdings Inc   0.57 $ 1,100.692  Millions$ 1,922.370  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$ 5,029.724  Millions

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



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