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Zurich Insurance Co (JSE:ZSA) Equity-to-Asset : 0.37 (As of Dec. 2013)


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What is Zurich Insurance Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zurich Insurance Co's Total Stockholders Equity for the quarter that ended in Dec. 2013 was R1,869 Mil. Zurich Insurance Co's Total Assets for the quarter that ended in Dec. 2013 was R5,058 Mil. Therefore, Zurich Insurance Co's Equity to Asset Ratio for the quarter that ended in Dec. 2013 was 0.37.

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

JSE:ZSA's Equity-to-Asset is not ranked *
in the Insurance industry.
Industry Median: 0.24
* Ranked among companies with meaningful Equity-to-Asset only.

Zurich Insurance Co Equity-to-Asset Historical Data

The historical data trend for Zurich Insurance Co'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.

Zurich Insurance Co Equity-to-Asset Chart

Zurich Insurance Co Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.33 0.34 0.41 0.40 0.37

Zurich Insurance Co Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.33 0.34 0.41 0.40 0.37

Competitive Comparison of Zurich Insurance Co's Equity-to-Asset

For the Insurance - Property & Casualty subindustry, Zurich Insurance Co'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.


Zurich Insurance Co's Equity-to-Asset Distribution in the Insurance Industry

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

* The bar in red indicates where Zurich Insurance Co's Equity-to-Asset falls into.



Zurich Insurance Co 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.

Zurich Insurance Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Equity to Asset (A: Dec. 2013 )=Total Stockholders Equity/Total Assets
=1869.252/5057.588
=0.37

Zurich Insurance Co's Equity to Asset Ratio for the quarter that ended in Dec. 2013 is calculated as

Equity to Asset (Q: Dec. 2013 )=Total Stockholders Equity/Total Assets
=1869.252/5057.588
=0.37

* 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.


Zurich Insurance Co  (JSE:ZSA) 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%.


Zurich Insurance Co Equity-to-Asset Related Terms

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


Zurich Insurance Co (JSE:ZSA) Business Description

Traded in Other Exchanges
N/A
Address
Zurich Insurance Co SA Ltd, a short-term insurance Company, was founded on 1965. The Company offers insurance products and services for individual, commercial and corporate customers. It provides short-term insurance, operating across corporate, commercial and domestic markets and markets its products through brokers and agents. It has a network of offices throughout South Africa. Its products consist of Body Corporate Insurance, Collectible Insurance, Commercial Insurance, Farmers Insurance, Flexiflite Insurance, Hospitality Insurance, Small and Medium Enterprises Insurance, Wineries Insurance, Home and Motor Insurance, Engineering Insurance, Marine Insurance and Travel Insurance. It provides services such as Fast Track Claims, Motor Assessing and Zurich Assist.

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