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Bao minh Insurance (STC:BMI) Liabilities-to-Assets : 0.63 (As of Mar. 2024)


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What is Bao minh 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. Bao minh Insurance's Total Liabilities for the quarter that ended in Mar. 2024 was ₫4,592,984 Mil. Bao minh Insurance's Total Assets for the quarter that ended in Mar. 2024 was ₫7,303,111 Mil. Therefore, Bao minh Insurance's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.63.


Bao minh Insurance Liabilities-to-Assets Historical Data

The historical data trend for Bao minh 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.

* Premium members only.

Bao minh Insurance Liabilities-to-Assets Chart

Bao minh Insurance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.65 0.68 0.66 0.62

Bao minh Insurance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets 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 0.66 0.64 0.63 0.62 0.63

Competitive Comparison of Bao minh Insurance's Liabilities-to-Assets

For the Insurance - Property & Casualty subindustry, Bao minh 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.


Bao minh Insurance's Liabilities-to-Assets Distribution in the Insurance Industry

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

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



Bao minh 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.

Bao minh Insurance's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=4361324.816/7004194.677
=0.62

Bao minh Insurance's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=4592984.288/7303110.987
=0.63

* 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.


Bao minh Insurance  (STC:BMI) 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.


Bao minh Insurance Liabilities-to-Assets Related Terms

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Bao minh Insurance (STC:BMI) Business Description

Traded in Other Exchanges
N/A
Address
26 Ton That Dam Street, District 1, Ho Chi Minh City, VNM
Bao minh Insurance Corp operates in the insurance sector. It offers insurance products and services including non-life insurance, non-life reinsurance, and financial investments services. Its products include health and accident insurance, motor vehicle insurance, property and engineering insurance, marine insurance and agricultural insurance among others.

Bao minh Insurance (STC:BMI) Headlines

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