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Reinsurance Group Of America Incorporated  (RGA)
Other Ticker:  
 
    Sector  Financial    Industry Life Insurance
   Industry Life Insurance
   Sector  Financial

Reinsurance Group Of America Incorporated's Quick Ratio

RGA's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


In the wake of the increase in Current Liabilities in the forth quarter 2023, Quick Ratio fell to 1.67 a new company low.

Within Life Insurance industry only one company has achieved higher Quick Ratio in forth quarter 2023. While Quick Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 343 to 435.

Explain Quick Ratio?
How much Cash & cash equivalents RGA´s has?
What are RGA´s Current Liabilities?


RGA Quick 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 Current Liabilities Change 17.67 % 7.51 % 10.4 % 6.97 % -1.15 %
Y / Y Cash & cash equivalent Change 13.45 % 6.04 % 5.12 % -1.88 % -10.92 %
Quick Ratio MRQ 1.67 1.73 1.68 1.69 1.73
RGA's Total Ranking # 435 # 343 # 664 # 1368 # 557
Seq. Current Liabilities Change 13.73 % -4.79 % 0.06 % 8.61 % 3.9 %
Seq. Cash & cash equivalent Change 10.26 % -2.5 % -0.51 % 6.08 % 3.06 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Life Insurance Industry # 2
Financial Sector # 86
Overall Market # 435


Quick Ratio Statistics
High Average Low
2.26 1.92 1.67
(Sep 30 2012)   (Dec 31 2023)




Financial Statements
Reinsurance Group Of America Incorporated's Current Liabilities $ 42,334 Millions Visit RGA's Balance sheet
Reinsurance Group Of America Incorporated's Cash & cash equivalent $ 70,814 Millions Visit RGA's Balance sheet
Source of RGA's Sales Visit RGA's Sales by Geography


Cumulative Reinsurance Group Of America Incorporated's Quick Ratio

RGA's Quick Ratio for the trailling 12 Months

RGA Quick 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 Current Liabilities TTM Growth 17.67 % 7.51 % 10.4 % 6.97 % -1.15 %
Y / Y Cash & cash equivalent TTM Growth 13.45 % 6.04 % 5.12 % -1.88 % -10.92 %
Quick Ratio TTM 1.69 1.71 1.71 1.74 1.78
Total Ranking TTM # 440 # 248 # 1054 # 1202 # 1344
Seq. Current Liabilities TTM Growth 13.73 % -4.79 % 0.06 % 8.61 % 3.9 %
Seq. Cash & cash equivalent TTM Growth 10.26 % -2.5 % -0.51 % 6.08 % 3.06 %


On the trailing twelve months basis Due to increase in Current Liabilities in the IV Quarter 2023 to $42,334.00 millions, cumulative Quick Ratio decreased to 1.69 below the Reinsurance Group Of America Incorporated average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Life Insurance industry just one company has achieved higher Quick Ratio during the twelve months ending in the Dec 31 2023. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2023 from 248 to 440.

Explain Quick Ratio?
How much Cash & cash equivalents RGA´s has?
What are RGA´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Life Insurance Industry # 2
Financial Sector # 86
Within the Market # 440


trailing twelve months Quick Ratio Statistics
High Average Low
2.26 1.92 1.67
(Sep 30 2012)   (Dec 31 2023)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Life Insurance Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Manulife Financial Corporation  3.35 $ 15,578.908  Millions$ 4,650.386  Millions
Athene Holding Ltd  2.96 $ 163,595.000  Millions$ 55,282.000  Millions
Reinsurance Group Of America Incorporated  1.67 $ 70,814.000  Millions$ 42,334.000  Millions
Prudential Financial Inc   1.17 $ 335,740.000  Millions$ 285,814.000  Millions
Genworth Financial Inc   0.93 $ 53,583.000  Millions$ 57,655.000  Millions
First Trinity Financial Corp   0.82 $ 423.372  Millions$ 514.977  Millions
Metlife Inc   0.61 $ 119,190.000  Millions$ 196,525.000  Millions

Date modified: 2024-02-27T11:49:06+00:00



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