Standard Alliance Insurance (NSA:STD) Debt-to-Equity : 0.00 (As of . 20)

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

What is Standard Alliance Insurance Debt-to-Equity?

Standard Alliance Insurance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was ₦0.00 Mil. Standard Alliance Insurance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was ₦0.00 Mil. Standard Alliance Insurance's Total Stockholders Equity for the quarter that ended in . 20 was ₦0.00 Mil.

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 Standard Alliance Insurance's Debt-to-Equity or its related term are showing as below:

NSA:STD's Debt-to-Equity is not ranked ^*
in the Insurance industry.
Industry Median: 0.24
* Ranked among companies with meaningful Debt-to-Equity only.

Standard Alliance Insurance Debt-to-Equity Historical Data

The historical data trend for Standard Alliance Insurance'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.

Standard Alliance Insurance Debt-to-Equity Chart

Standard Alliance Insurance Annual Data

Trend

Debt-to-Equity

Standard Alliance Insurance Quarterly Data

Debt-to-Equity

Competitive Comparison of Standard Alliance Insurance's Debt-to-Equity

For the Insurance - Diversified subindustry, Standard Alliance Insurance'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.

Standard Alliance Insurance's Debt-to-Equity Distribution in the Insurance Industry

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

* The bar in red indicates where Standard Alliance Insurance's Debt-to-Equity falls into.

Standard Alliance Insurance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Standard Alliance Insurance's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Standard Alliance Insurance's Debt to Equity Ratio for the quarter that ended in . 20 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
	=	(	+	)	/
	=	N/A

Standard Alliance Insurance (NSA:STD) 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.

Standard Alliance Insurance Debt-to-Equity Related Terms

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

Standard Alliance Insurance (NSA:STD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Standard Alliance Insurance PLC (NSA:STD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot Block 94, Providence Street, Scheme 1, Lekki-Epe Expressway, Lekki, NGA

Website

https://www.sainsuranceng.com

Standard Alliance Insurance PLC is a technology-driven and customer-oriented insurance company in Nigeria. The company's product categories include SPIS, Home insurance, Personal insurance, Business insurance, Engineering insurance, Special risk insurance and Compulsory insurance.

Standard Alliance Insurance (NSA:STD) Headlines

No Headlines