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Alahli Takaful Co (SAU:8130) Equity-to-Asset : 0.22 (As of Sep. 2021)


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What is Alahli Takaful Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alahli Takaful Co's Total Stockholders Equity for the quarter that ended in Sep. 2021 was ﷼249.0 Mil. Alahli Takaful Co's Total Assets for the quarter that ended in Sep. 2021 was ﷼1,126.7 Mil. Therefore, Alahli Takaful Co's Equity to Asset Ratio for the quarter that ended in Sep. 2021 was 0.22.

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

SAU:8130' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16   Med: 0.21   Max: 0.5
Current: 0.22

During the past 13 years, the highest Equity to Asset Ratio of Alahli Takaful Co was 0.50. The lowest was 0.16. And the median was 0.21.

SAU:8130's Equity-to-Asset is not ranked
in the Insurance industry.
Industry Median: 0.24 vs SAU:8130: 0.22

Alahli Takaful Co Equity-to-Asset Historical Data

The historical data trend for Alahli Takaful 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.

Alahli Takaful Co Equity-to-Asset Chart

Alahli Takaful Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.22 0.21 0.22 0.23

Alahli Takaful Co Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.23 0.23 0.23 0.22 0.22

Competitive Comparison of Alahli Takaful Co's Equity-to-Asset

For the Insurance - Diversified subindustry, Alahli Takaful 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.


Alahli Takaful Co's Equity-to-Asset Distribution in the Insurance Industry

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

* The bar in red indicates where Alahli Takaful Co's Equity-to-Asset falls into.



Alahli Takaful 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.

Alahli Takaful Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=249.946/1088.807
=0.23

Alahli Takaful Co's Equity to Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

Equity to Asset (Q: Sep. 2021 )=Total Stockholders Equity/Total Assets
=248.965/1126.66
=0.22

* 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.


Alahli Takaful Co  (SAU:8130) 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%.


Alahli Takaful Co Equity-to-Asset Related Terms

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Alahli Takaful Co (SAU:8130) Business Description

Traded in Other Exchanges
N/A
Address
Prince Sultan Street, PO Box 48510, Al Khalidiyah Business Center, Jeddah, SAU, 21582
Alahli Takaful Co offers Takaful insurance products and services. The company's principal activity is to provide protection and saving insurance products through insurance solutions for individuals and groups. Its segments are divided into two: Individual segment that offers life insurance products on an individual basis including unit-linked investment-oriented products, and Group life segment that offers life protection programmes to the members of organizations on a group basis and credit's protection benefits in respect of personal loan given by financing organization. It derives a vast majority of revenues from the Individual insurance segment.

Alahli Takaful Co (SAU:8130) Headlines

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