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Ceylinco Holdings (COL:CINS.X0000) Equity-to-Asset : 0.30 (As of Mar. 2024)


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What is Ceylinco Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ceylinco Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was රු90,899 Mil. Ceylinco Holdings's Total Assets for the quarter that ended in Mar. 2024 was රු307,418 Mil. Therefore, Ceylinco Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.30.

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

COL:CINS.X0000' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21   Med: 0.28   Max: 0.3
Current: 0.3

During the past 9 years, the highest Equity to Asset Ratio of Ceylinco Holdings was 0.30. The lowest was 0.21. And the median was 0.28.

COL:CINS.X0000's Equity-to-Asset is ranked better than
62.37% of 497 companies
in the Insurance industry
Industry Median: 0.24 vs COL:CINS.X0000: 0.30

Ceylinco Holdings Equity-to-Asset Historical Data

The historical data trend for Ceylinco Holdings'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.

Ceylinco Holdings Equity-to-Asset Chart

Ceylinco Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.30 0.30 0.30 0.30 0.29

Ceylinco Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.30 0.29 0.28 0.29 0.30

Competitive Comparison of Ceylinco Holdings's Equity-to-Asset

For the Insurance - Diversified subindustry, Ceylinco Holdings'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.


Ceylinco Holdings's Equity-to-Asset Distribution in the Insurance Industry

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

* The bar in red indicates where Ceylinco Holdings's Equity-to-Asset falls into.



Ceylinco Holdings 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.

Ceylinco Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=88077.662/299724.695
=0.29

Ceylinco Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=90899.162/307418.399
=0.30

* 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.


Ceylinco Holdings  (COL:CINS.X0000) 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%.


Ceylinco Holdings Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Ceylinco Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Ceylinco Holdings (COL:CINS.X0000) Business Description

Traded in Other Exchanges
Address
No. 69, Janadhipathi Mawatha, Ceylinco House, Colombo, LKA, 01
Ceylinco Insurance PLC is engaged in seven business segments. The Life Insurance segment, which is the key revenue driver, offers whole-life products, term products, universal life products, and mortgage protection products. The Non-Life Insurance segment includes motor, fire, engineering, marine, and miscellaneous. The Healthcare segment includes a center for Cancer screening, Radiation treatment units, and a Diabetes center. The Maldives Foreign operations include non-life insurance products in Maldives. The Education Services segment includes primary, secondary, and high education courses. The Power generation segment generates and distributes hydropower to the national grid. Other segment includes investment holding, associate business, investment management & hotel services.

Ceylinco Holdings (COL:CINS.X0000) Headlines

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