PT MSIG Life Insurance Indonesia Tbk (ISX:LIFE) Equity-to-Asset : 0.51 (As of Mar. 2024)

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What is PT MSIG Life Insurance Indonesia Tbk Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PT MSIG Life Insurance Indonesia Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp7,550,884 Mil. PT MSIG Life Insurance Indonesia Tbk's Total Assets for the quarter that ended in Mar. 2024 was Rp14,858,715 Mil. Therefore, PT MSIG Life Insurance Indonesia Tbk's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.51.

The historical rank and industry rank for PT MSIG Life Insurance Indonesia Tbk's Equity-to-Asset or its related term are showing as below:

ISX:LIFE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46 Med: 0.49 Max: 0.53
Current: 0.51

During the past 8 years, the highest Equity to Asset Ratio of PT MSIG Life Insurance Indonesia Tbk was 0.53. The lowest was 0.46. And the median was 0.49.

ISX:LIFE's Equity-to-Asset is ranked better than
87.27% of 495 companies
in the Insurance industry
Industry Median: 0.24 vs ISX:LIFE: 0.51

PT MSIG Life Insurance Indonesia Tbk Equity-to-Asset Historical Data

The historical data trend for PT MSIG Life Insurance Indonesia Tbk'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.

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PT MSIG Life Insurance Indonesia Tbk Equity-to-Asset Chart

PT MSIG Life Insurance Indonesia Tbk Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.48

0.51

0.46

0.50

PT MSIG Life Insurance Indonesia Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial															0.51	0.49	0.50	0.50	0.51

Competitive Comparison of PT MSIG Life Insurance Indonesia Tbk's Equity-to-Asset

For the Insurance - Life subindustry, PT MSIG Life Insurance Indonesia Tbk'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.

PT MSIG Life Insurance Indonesia Tbk's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PT MSIG Life Insurance Indonesia Tbk's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where PT MSIG Life Insurance Indonesia Tbk's Equity-to-Asset falls into.

PT MSIG Life Insurance Indonesia Tbk 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.

PT MSIG Life Insurance Indonesia Tbk's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	7491535	/	14953956
	=	0.50

PT MSIG Life Insurance Indonesia Tbk's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	7550884	/	14858715
	=	0.51

PT MSIG Life Insurance Indonesia Tbk (ISX:LIFE) 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%.

PT MSIG Life Insurance Indonesia Tbk Equity-to-Asset Related Terms

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

PT MSIG Life Insurance Indonesia Tbk (ISX:LIFE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PT MSIG Life Insurance Indonesia Tbk (ISX:LIFE) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Mangga Dua Raya, Wisma Eka Jiwa, 8th-9th Floor, Jakarta Pusat, Jakarta, IDN, 10730

Website

https://www.sinarmasmsiglife.co.id

PT MSIG Life Insurance Indonesia Tbk Formerly PT Asuransi Jiwa Sinarmas MSIG Tbk is involved in the life insurance business. The company's products are diversified into six categories namely Term life insurance, Endowment, Whole life insurance, Health insurance, Personal accident insurance, and Unit link Insurance.