Growth Metrics

International General Insurance Holdings (IGIC) Debt Ratio (2018 - 2024)

International General Insurance Holdings posted quarterly Debt Ratio of 0.0 for Q2 2024, down 82.42% year-on-year from 0.02 in Q3 2023, and down 56.07% on a QoQ basis from 0.01 in Q1 2024.

International General Insurance Holdings (IGIC) has 5 years of Debt Ratio data on file, last reported at 0.0 in Q2 2024.

  • For the quarter ending Q2 2024, Debt Ratio fell 82.42% year-over-year to 0.0; the trailing twelve-month figure through Jun 2024 stood at 0.0 (down 82.42% YoY), and the FY2023 full-year result was 0.01, down 37.51% from the prior year.
  • Debt Ratio for Q2 2024 stood at 0.0, down from 0.01 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.02 in Q3 2023 and bottomed at 0.0 in Q2 2024.
  • The 3-year median for Debt Ratio is 0.01 (2023), against an average of 0.01.
  • The widest annual swing landed in 2023, when Debt Ratio slumped 37.51%; it then slumped 82.42% in 2024.
  • A 3-year view of Debt Ratio shows it stood at 0.02 in 2022, then plunged by 37.51% to 0.01 in 2023, then slumped by 70.71% to 0.0 in 2024.
  • The last three Debt Ratio figures came in at 0.0 (Q2 2024), 0.01 (Q1 2024), and 0.01 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 American International 39.62 Bn 784.91 Mn 2.60 Bn -
2 Hartford Insurance 34.97 Bn 25.91 Bn 2.15 Bn -
3 Aegon 34.55 Bn 34.55 Bn - -
4 Arch Capital 31.37 Bn 30.45 Bn 4.02 Bn 0.03
5 Fidelis Insurance Holdings 2.04 Bn 2.04 Bn 386.80 Mn 0.06
6 International General Insurance Holdings 1.03 Bn 811.79 Mn 70.90 Mn -
7 Waterdrop 762.05 Mn 690.71 Mn 129.34 Mn 0.01
8 Exzeo 1.28 Mn -230.11 Mn 32.74 Mn -
9 Sun Life Financial 43.53 -7.92 Bn - 0.03
10 Sun Life Financial - - - 0.03

Historic Data

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DateValue
Jun 30, 2024 0.00
Mar 31, 2024 0.01
Dec 31, 2023 0.01
Sep 30, 2023 0.02
Jun 30, 2023 0.02
Mar 31, 2023 0.01
Dec 31, 2022 0.02
Dec 31, 2019 0.01
Dec 31, 2018 0.01