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Gulf Insurance Group KSC (KUW:GINS) Equity-to-Asset : 0.25 (As of Dec. 2023)


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

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gulf Insurance Group KSC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was KWD296.3 Mil. Gulf Insurance Group KSC's Total Assets for the quarter that ended in Dec. 2023 was KWD1,175.4 Mil. Therefore, Gulf Insurance Group KSC's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.25.

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

KUW:GINS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.21   Max: 0.25
Current: 0.25

During the past 13 years, the highest Equity to Asset Ratio of Gulf Insurance Group KSC was 0.25. The lowest was 0.14. And the median was 0.21.

KUW:GINS's Equity-to-Asset is ranked better than
52.44% of 492 companies
in the Insurance industry
Industry Median: 0.24 vs KUW:GINS: 0.25

Gulf Insurance Group KSC Equity-to-Asset Historical Data

The historical data trend for Gulf Insurance Group KSC'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.

Gulf Insurance Group KSC Equity-to-Asset Chart

Gulf Insurance Group KSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.15 0.20 0.22 0.25

Gulf Insurance Group KSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.22 0.29 0.23 0.24 0.25

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

For the Insurance - Diversified subindustry, Gulf Insurance Group KSC'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.


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

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

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



Gulf Insurance Group KSC 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.

Gulf Insurance Group KSC'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
=296.259/1175.416
=0.25

Gulf Insurance Group KSC's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=296.259/1175.416
=0.25

* 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) 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%.


Gulf Insurance Group KSC Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Gulf Insurance Group KSC's Equity-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

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