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NEM Insurance (NSA:NEMI) Liabilities-to-Assets : 0.00 (As of . 20)


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What is NEM Insurance Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. NEM Insurance's Total Liabilities for the quarter that ended in . 20 was ₦0.00 Mil. NEM Insurance's Total Assets for the quarter that ended in . 20 was ₦0.00 Mil.


NEM Insurance Liabilities-to-Assets Historical Data

The historical data trend for NEM Insurance's Liabilities-to-Assets 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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NEM Insurance Liabilities-to-Assets Chart

NEM Insurance Annual Data
Trend
Liabilities-to-Assets

NEM Insurance Quarterly Data
Liabilities-to-Assets

Competitive Comparison of NEM Insurance's Liabilities-to-Assets

For the Insurance - Property & Casualty subindustry, NEM Insurance's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


NEM Insurance's Liabilities-to-Assets Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, NEM Insurance's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where NEM Insurance's Liabilities-to-Assets falls into.



NEM Insurance Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

NEM Insurance's Liabilities-to-Assets Ratio for the fiscal year that ended in . 20 is calculated as:

Liabilities-to-Assets (A: . 20 )=Total Liabilities/Total Assets
=/
=N/A

NEM Insurance's Liabilities-to-Assets Ratio for the quarter that ended in . 20 is calculated as

Liabilities-to-Assets (Q: . 20 )=Total Liabilities/Total Assets
=/
=N/A

* 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.


NEM Insurance  (NSA:NEMI) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


NEM Insurance Liabilities-to-Assets Related Terms

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NEM Insurance (NSA:NEMI) Business Description

Traded in Other Exchanges
N/A
Address
199, Ikorodu Road, P.O.BOX 654, Obanikoro, Lagos, NGA
NEM Insurance PLC provides general insurance and life assurance in Nigeria. The company offers Fire Insurance, General Accident Insurance, Marine, Motor Vehicle Insurance and aviation, Fire, General Accident, and Oil and gas insurance products & services.

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