Kuwait Insurance Co (KUW:KINS) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

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What is Kuwait Insurance Co LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Kuwait Insurance Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Kuwait Insurance Co's long-term debt to total assets ratio stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

Kuwait Insurance Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kuwait Insurance Co's LT-Debt-to-Total-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.

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Kuwait Insurance Co LT-Debt-to-Total-Asset Chart

Kuwait Insurance Co Annual Data

Trend

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Dec23

LT-Debt-to-Total-Asset

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Kuwait Insurance Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Kuwait Insurance Co LT-Debt-to-Total-Asset Calculation

Kuwait Insurance Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	0	/	226.49
	=	0.00

Kuwait Insurance Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	0	/	243.289
	=	0.00

Kuwait Insurance Co (KUW:KINS) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

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Kuwait Insurance Co (KUW:KINS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Kuwait Insurance Co (KUW:KINS) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Abdullah Al Salem Street, P.O. Box 769, Kuwait Insurance House, Safat, Kuwait City, KWT, 13008

Website

http://www.kic-kw.com

Kuwait Insurance Co underwrites life and non-life insurance risks such as fire, general accidents, marine and aviation and others, lends funds against life insurance policies and invests in permitted securities and real estate properties. It provides many Marine Insurance Services required for individuals and groups, to compensate for loss of and/or damage to the insured goods during transportation from one place to another.