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Arabia Falcon Insurance Co (MUS:AFIC) Equity-to-Asset : 0.36 (As of Dec. 2023)


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What is Arabia Falcon Insurance Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Arabia Falcon Insurance Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ر.ع19.97 Mil. Arabia Falcon Insurance Co's Total Assets for the quarter that ended in Dec. 2023 was ر.ع55.24 Mil. Therefore, Arabia Falcon Insurance Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.36.

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

MUS:AFIC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26   Med: 0.3   Max: 0.38
Current: 0.36

During the past 7 years, the highest Equity to Asset Ratio of Arabia Falcon Insurance Co was 0.38. The lowest was 0.26. And the median was 0.30.

MUS:AFIC's Equity-to-Asset is ranked better than
70.71% of 495 companies
in the Insurance industry
Industry Median: 0.24 vs MUS:AFIC: 0.36

Arabia Falcon Insurance Co Equity-to-Asset Historical Data

The historical data trend for Arabia Falcon Insurance Co'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.

Arabia Falcon Insurance Co Equity-to-Asset Chart

Arabia Falcon Insurance Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.30 0.26 0.37 0.38 0.36

Arabia Falcon Insurance Co Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset Get a 7-Day Free Trial 0.30 0.26 0.37 0.38 0.36

Competitive Comparison of Arabia Falcon Insurance Co's Equity-to-Asset

For the Insurance - Diversified subindustry, Arabia Falcon Insurance Co'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.


Arabia Falcon Insurance Co's Equity-to-Asset Distribution in the Insurance Industry

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

* The bar in red indicates where Arabia Falcon Insurance Co's Equity-to-Asset falls into.



Arabia Falcon Insurance Co 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.

Arabia Falcon Insurance Co'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
=19.967/55.241
=0.36

Arabia Falcon Insurance Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=19.967/55.241
=0.36

* 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.


Arabia Falcon Insurance Co  (MUS:AFIC) 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%.


Arabia Falcon Insurance Co Equity-to-Asset Related Terms

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


Arabia Falcon Insurance Co (MUS:AFIC) Business Description

Traded in Other Exchanges
N/A
Address
Landmark Building, Ground Floor, Boushar, P.O. Box 2279, Ruwi, Muscat, OMN, 112
Arabia Falcon Insurance Co operates as an insurance company in Oman. The company serves individual and corporate clients by providing various insurance products under different lines of business. Its products include Motor Insurance, Life Insurance, medical insurance, and P & C insurance. It generates maximum revenue from the property & casualty Insurance segment.

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