GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » North Coast Life Insurance Co (OTCPK:NCLIP.PFD) » Definitions » Equity-to-Asset

North Coast Life Insurance Co (North Coast Life Insurance Co) Equity-to-Asset : 0.08 (As of Dec. 2006)


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

What is North Coast Life Insurance Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. North Coast Life Insurance Co's Total Stockholders Equity for the quarter that ended in Dec. 2006 was $9.82 Mil. North Coast Life Insurance Co's Total Assets for the quarter that ended in Dec. 2006 was $131.43 Mil.

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

NCLIP.PFD's Equity-to-Asset is not ranked *
in the Insurance industry.
Industry Median: 0.24
* Ranked among companies with meaningful Equity-to-Asset only.

North Coast Life Insurance Co Equity-to-Asset Historical Data

The historical data trend for North Coast Life 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.

North Coast Life Insurance Co Equity-to-Asset Chart

North Coast Life Insurance Co Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06
Equity-to-Asset
Get a 7-Day Free Trial 0.06 0.12 0.11 0.05 0.08

North Coast Life Insurance Co Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06
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 0.05 - - - 0.08

Competitive Comparison of North Coast Life Insurance Co's Equity-to-Asset

For the Insurance - Life subindustry, North Coast Life 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.


North Coast Life Insurance Co's Equity-to-Asset Distribution in the Insurance Industry

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

* The bar in red indicates where North Coast Life Insurance Co's Equity-to-Asset falls into.



North Coast Life 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.

North Coast Life Insurance Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2006 is calculated as

Equity to Asset (A: Dec. 2006 )=Total Stockholders Equity/Total Assets
=9.818/131.425
=0.07

North Coast Life Insurance Co's Equity to Asset Ratio for the quarter that ended in Dec. 2006 is calculated as

Equity to Asset (Q: Dec. 2006 )=Total Stockholders Equity/Total Assets
=9.818/131.425
=

* 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.


North Coast Life Insurance Co  (OTCPK:NCLIP.PFD) 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%.


North Coast Life Insurance Co Equity-to-Asset Related Terms

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


North Coast Life Insurance Co (North Coast Life Insurance Co) Business Description

Traded in Other Exchanges
N/A
Address
1116 West Riverside Avenue, Suite 205, Spokane, WA, USA, 99201
North Coast Life Insurance Company is engaged in providing life insurance and annuity products. Its life insurance products includes versatile life, whole life, whole life IV, Whole life graded and life style term.

North Coast Life Insurance Co (North Coast Life Insurance Co) Headlines

No Headlines