GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Gulf Insurance Group KSC (KUW:GINS) » Definitions » Debt-to-Asset

Gulf Insurance Group KSC (KUW:GINS) Debt-to-Asset : 0.05 (As of Mar. 2024)


View and export this data going back to 1984. Start your Free Trial

What is Gulf Insurance Group KSC Debt-to-Asset?

Gulf Insurance Group KSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD0.2 Mil. Gulf Insurance Group KSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD58.1 Mil. Gulf Insurance Group KSC's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was KWD1,198.0 Mil. Gulf Insurance Group KSC's debt to asset for the quarter that ended in Mar. 2024 was 0.05.


Gulf Insurance Group KSC Debt-to-Asset Historical Data

The historical data trend for Gulf Insurance Group KSC's Debt-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.

Gulf Insurance Group KSC Debt-to-Asset Chart

Gulf Insurance Group KSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 - 0.06 0.06 0.05

Gulf Insurance Group KSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-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 0.06 0.05 0.05 0.05 0.05

Competitive Comparison of Gulf Insurance Group KSC's Debt-to-Asset

For the Insurance - Diversified subindustry, Gulf Insurance Group KSC's Debt-to-Asset, along with its competitors' market caps and Debt-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.


Gulf Insurance Group KSC's Debt-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Gulf Insurance Group KSC's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Gulf Insurance Group KSC's Debt-to-Asset falls into.



Gulf Insurance Group KSC Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Gulf Insurance Group KSC's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(3.082 + 58.15) / 1175.416
=0.05

Gulf Insurance Group KSC's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.244 + 58.133) / 1197.993
=0.05

* 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.


Gulf Insurance Group KSC  (KUW:GINS) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Gulf Insurance Group KSC Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Gulf Insurance Group KSC's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Gulf Insurance Group KSC (KUW:GINS) Business Description

Traded in Other Exchanges
N/A
Address
Khaled Ibn Al Waleed Street, Sharq, P.O.Box 1040, Safat, KIPCO Tower, 40th Floor, Office Number 1 and 2, Kuwait City, KWT, 13011
Gulf Insurance Group KSC is an insurance company offering solutions and covering a range of risks related to Motor, Marine & Aviation, Property & Casualty, and Life & Health Insurance both in conventional and Takaful (Islamic insurance based on Shariah principles) basis. Gulf Insurance operates its business in two segments namely General risk insurance and Life and medical insurance offering general insurance including marine and aviation, motor vehicles, property, engineering and general accidents; and savings, protection products, and other long-term contracts respectively. The company generates revenues from the premium amount written.

Gulf Insurance Group KSC (KUW:GINS) Headlines

No Headlines