Debt to Equity Ratio Analysis of Cincinnati Financial Corp. - Deep Dive
Latest FY Debt to Equity
Period Ending - Dec-23
Excellent Debt to Equity
0.067
Period Ending - Dec-22
Excellent Debt to Equity
0.160
Growth
-57.82 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Excellent Debt to Equity
0.069
Debt to Equity Analysis of Cincinnati Financial Corp.
Debt to Equity Ratio 0.067 of Cincinnati Financial Corp. indicates to run a business company uses lower amount of long-term debt. |
Debt to Equity Ratio of CINF drastically fell by -57.82 % this year. |
Debt to Equity Ratio with value of 0.160 was highest in Year Dec-22 in last Five Years. |
Debt to Equity Ratio with value of 0.0079 was lowest in Year Dec-19 in last Five Years. |
Latest Debt to Equity Ratio with value of 0.067 is Greater than Average Debt to Equity of 0.063 in last five years. |
Other Debt to Equity Related Info of CINF that may interest you.
Cincinnati Financial Corp. Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CINF | 113.81 | 112.27 | 1.37 % | Insurance-Property & Casualty |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..![Debt to Equity Ratio Formula Debt to Equity Ratio Formula](https://my.stockaio.com/help/template/FinDef/SolvencyRatios/DebtToEquity.jpg)
Debt to Equity Related Ratios
ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
Good Stability |
FY - Historical Debt to Equity Ratio of Cincinnati Financial Corp.
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Debt to Equity | 0.067 | 0.160 | 0.068 | 0.0100 | 0.0079 | 0.0082 | 0.0058 |
Change | -57.82 % | 133.35 % | 583.77 % | 26.59 % | -3.22 % | 40.31 % | 2.78 % |
FY Chart of Debt to Equity Ratio of Cincinnati Financial Corp.
Note : All Data Generated at the End of Trading Hours (EOD Data)