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Insurance House PSC (ADX:IH) Equity-to-Asset : 0.14 (As of Sep. 2023)


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What is Insurance House PSC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Insurance House PSC's Total Stockholders Equity for the quarter that ended in Sep. 2023 was د.إ36.1 Mil. Insurance House PSC's Total Assets for the quarter that ended in Sep. 2023 was د.إ263.2 Mil. Therefore, Insurance House PSC's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.14.

The historical rank and industry rank for Insurance House PSC's Equity-to-Asset or its related term are showing as below:

ADX:IH' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.36   Max: 0.55
Current: 0.14

During the past 11 years, the highest Equity to Asset Ratio of Insurance House PSC was 0.55. The lowest was 0.14. And the median was 0.36.

ADX:IH's Equity-to-Asset is ranked worse than
68.84% of 491 companies
in the Insurance industry
Industry Median: 0.24 vs ADX:IH: 0.14

Insurance House PSC Equity-to-Asset Historical Data

The historical data trend for Insurance House PSC's Equity-to-Asset 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.

Insurance House PSC Equity-to-Asset Chart

Insurance House PSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.40 0.41 0.39 0.32

Insurance House PSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.32 0.15 0.15 0.14

Competitive Comparison of Insurance House PSC's Equity-to-Asset

For the Insurance - Diversified subindustry, Insurance House PSC's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Insurance House PSC's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Insurance House PSC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Insurance House PSC's Equity-to-Asset falls into.



Insurance House PSC Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Insurance House PSC's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=146.059/459.832
=0.32

Insurance House PSC's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=36.097/263.201
=0.14

* 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.


Insurance House PSC  (ADX:IH) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Insurance House PSC Equity-to-Asset Related Terms

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


Insurance House PSC (ADX:IH) Business Description

Traded in Other Exchanges
N/A
Address
Finance House Building, Zayed 1st Street, P.O.Box 129921, Khalidiya Area, Abu Dhabi, ARE
Insurance House PSC provides various non-life insurance products in the United Arab Emirates. The products and services offered by the company include accidents and civil responsibility insurance, land, marine and air transportation, dangers insurance and health insurance. The company is organized into two business segments comprising Underwriting of general insurance business and Investments. Underwriting of general insurance business segment incorporates all classes of general insurance, fire, marine, motor, general accident and medical. Investments segment incorporates investments in UAE marketable equity securities, term deposits with banks, overseas managed portfolios, and other securities.