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Dhofar Insurance CoOG (MUS:DICS) Equity-to-Asset : 0.19 (As of Sep. 2022)


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What is Dhofar Insurance CoOG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dhofar Insurance CoOG's Total Stockholders Equity for the quarter that ended in Sep. 2022 was ر.ع27.88 Mil. Dhofar Insurance CoOG's Total Assets for the quarter that ended in Sep. 2022 was ر.ع150.51 Mil. Therefore, Dhofar Insurance CoOG's Equity to Asset Ratio for the quarter that ended in Sep. 2022 was 0.19.

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

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

Dhofar Insurance CoOG Equity-to-Asset Historical Data

The historical data trend for Dhofar Insurance CoOG'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.

Dhofar Insurance CoOG Equity-to-Asset Chart

Dhofar Insurance CoOG Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.12 0.15 0.19 0.20

Dhofar Insurance CoOG Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.21 0.20 0.18 0.19 0.19

Competitive Comparison of Dhofar Insurance CoOG's Equity-to-Asset

For the Insurance - Diversified subindustry, Dhofar Insurance CoOG'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.


Dhofar Insurance CoOG's Equity-to-Asset Distribution in the Insurance Industry

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

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



Dhofar Insurance CoOG 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.

Dhofar Insurance CoOG's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=27.056/135.38
=0.20

Dhofar Insurance CoOG's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )=Total Stockholders Equity/Total Assets
=27.879/150.509
=0.19

* 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.


Dhofar Insurance CoOG  (MUS:DICS) 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%.


Dhofar Insurance CoOG Equity-to-Asset Related Terms

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


Dhofar Insurance CoOG (MUS:DICS) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 1002, Ruwi, OMN, 112
Dhofar Insurance Co SAOG operates in the insurance industry. The company's principal activity is undertaking the business of insurance and reinsurance (general and life) in the Sultanate of Oman. It has aggregated its operations into two reportable segments - General Insurance and Life Insurance. General Insurance business includes insurance and reinsurance of a motor; fire and general accident; and marine cargo and hull. The Life Insurance business relates to insuring the life of an individual. The majority of revenue is generated from the General insurance segment.

Dhofar Insurance CoOG (MUS:DICS) Headlines

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