Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) Debt-to-Equity : 0.11 (As of Dec. 2023)

View and export this data going back to 1984. Start your Free Trial

What is Warba Insurance and Reinsurance Co KSCP Debt-to-Equity?

Warba Insurance and Reinsurance Co KSCP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KWD0.00 Mil. Warba Insurance and Reinsurance Co KSCP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KWD4.00 Mil. Warba Insurance and Reinsurance Co KSCP's Total Stockholders Equity for the quarter that ended in Dec. 2023 was KWD36.33 Mil. Warba Insurance and Reinsurance Co KSCP's debt to equity for the quarter that ended in Dec. 2023 was 0.11.

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 Warba Insurance and Reinsurance Co KSCP's Debt-to-Equity or its related term are showing as below:

KUW:WINSRE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 0.11
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Warba Insurance and Reinsurance Co KSCP was 0.11. The lowest was 0.01. And the median was 0.06.

KUW:WINSRE's Debt-to-Equity is ranked better than
67.88% of 386 companies
in the Insurance industry
Industry Median: 0.23 vs KUW:WINSRE: 0.11

Warba Insurance and Reinsurance Co KSCP Debt-to-Equity Historical Data

The historical data trend for Warba Insurance and Reinsurance Co KSCP'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.

Warba Insurance and Reinsurance Co KSCP Debt-to-Equity Chart

Warba Insurance and Reinsurance Co KSCP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.05

0.11

Warba Insurance and Reinsurance Co KSCP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.11	0.10	0.16	0.13	0.11

Competitive Comparison of Warba Insurance and Reinsurance Co KSCP's Debt-to-Equity

For the Insurance - Diversified subindustry, Warba Insurance and Reinsurance Co KSCP'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.

Warba Insurance and Reinsurance Co KSCP's Debt-to-Equity Distribution in the Insurance Industry

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

* The bar in red indicates where Warba Insurance and Reinsurance Co KSCP's Debt-to-Equity falls into.

Warba Insurance and Reinsurance Co KSCP Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	4)	/	36.33
	=	0.11

Warba Insurance and Reinsurance Co KSCP's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	4)	/	36.33
	=	0.11

Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) 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.

Warba Insurance and Reinsurance Co KSCP Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Warba Insurance and Reinsurance Co KSCP's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sharq, Ahmad Al Jaber Street, Derwazat Abdul Razak, P.O. Box 24282, Safat, Opposite to the Banking Complex, Warba Tower, Kuwait, KWT, 13103

Website

https://www.warba.insure

Warba Insurance and Reinsurance Co KSCP is involved in the provision of life and non-life insurance products and services. The company reports three business segments: General risk insurance, Life and Medical insurance and Investment. Within General risk insurance are Marine and Aviation, Fire and general accidents and Motor. The company's offerings include Individual Life Insurance, Medical Insurance individual, Medical Insurance Corporate and FGA Insurance Policies among others. Geographically it operates through Kuwait.

Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) Headlines

No Headlines