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Pakistan Reinsurance Co (KAR:PAKRI) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Pakistan Reinsurance Co Debt-to-Equity?

Pakistan Reinsurance Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨0 Mil. Pakistan Reinsurance Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨22 Mil. Pakistan Reinsurance Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₨19,078 Mil. Pakistan Reinsurance Co's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Pakistan Reinsurance Co's Debt-to-Equity or its related term are showing as below:

KAR:PAKRI's Debt-to-Equity is not ranked *
in the Insurance industry.
Industry Median: 0.23
* Ranked among companies with meaningful Debt-to-Equity only.

Pakistan Reinsurance Co Debt-to-Equity Historical Data

The historical data trend for Pakistan Reinsurance Co's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Pakistan Reinsurance Co Debt-to-Equity Chart

Pakistan Reinsurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Pakistan Reinsurance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Pakistan Reinsurance Co's Debt-to-Equity

For the Insurance - Reinsurance subindustry, Pakistan Reinsurance Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pakistan Reinsurance Co's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Pakistan Reinsurance Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Pakistan Reinsurance Co's Debt-to-Equity falls into.



Pakistan Reinsurance Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pakistan Reinsurance Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Pakistan Reinsurance Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Pakistan Reinsurance Co  (KAR:PAKRI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Pakistan Reinsurance Co Debt-to-Equity Related Terms

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Pakistan Reinsurance Co (KAR:PAKRI) Business Description

Traded in Other Exchanges
N/A
Address
Lalazar Drive, M.T. Khan Road, PRC Towers, 32-A, P.O. Box: 4777, Karachi, PAK, 74000
Pakistan Reinsurance Co Ltd is engaged in the provision of insurance, reinsurance services and other insurance-based forms of risk transfer. The company operates through the following business segments: Fire, Marine Cargo, Marine Hull, Accident and Others, Aviation, Engineering and Treaty. It provides reinsurance protection to the local insurance industry by way of a treaty and facultative businesses.

Pakistan Reinsurance Co (KAR:PAKRI) Headlines

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