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Liberty Kenya Holdings (NAI:LBTY) Equity-to-Asset : 0.21 (As of Dec. 2023)


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What is Liberty Kenya Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Liberty Kenya Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was KES9,189 Mil. Liberty Kenya Holdings's Total Assets for the quarter that ended in Dec. 2023 was KES43,761 Mil. Therefore, Liberty Kenya Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.21.

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

NAI:LBTY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.2   Max: 0.21
Current: 0.21

During the past 13 years, the highest Equity to Asset Ratio of Liberty Kenya Holdings was 0.21. The lowest was 0.17. And the median was 0.20.

NAI:LBTY's Equity-to-Asset is ranked worse than
54.44% of 496 companies
in the Insurance industry
Industry Median: 0.24 vs NAI:LBTY: 0.21

Liberty Kenya Holdings Equity-to-Asset Historical Data

The historical data trend for Liberty Kenya 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.

Liberty Kenya Holdings Equity-to-Asset Chart

Liberty Kenya Holdings 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 0.20 0.21 0.21 0.21 0.21

Liberty Kenya Holdings Semi-Annual Data
Dec11 Dec12 Dec13 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 Premium Member Only Premium Member Only Premium Member Only 0.20 0.21 0.21 0.21 0.21

Competitive Comparison of Liberty Kenya Holdings's Equity-to-Asset

For the Insurance - Diversified subindustry, Liberty Kenya 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.


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

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

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



Liberty Kenya 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.

Liberty Kenya 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
=9189.201/43761.245
=0.21

Liberty Kenya Holdings'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
=9189.201/43761.245
=0.21

* 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.


Liberty Kenya Holdings  (NAI:LBTY) 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%.


Liberty Kenya Holdings Equity-to-Asset Related Terms

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Liberty Kenya Holdings (NAI:LBTY) Business Description

Traded in Other Exchanges
N/A
Address
Liberty House, Processional Way, P. O. Box 30364, Nairobi, KEN, 00100
Liberty Kenya Holdings Ltd is an insurance company. It offers long-term insurance products and services to individual and corporate markets. Its products include life insurance, health insurance, and short-term insurance. Its insurance contracts are categorized as long-term and general insurance businesses depending on the duration of risk. Its long-term business includes a life assurance business, superannuation business, industrial life assurance business, and bond investment business. General insurance business includes insurance business of aviation, engineering, fire, liability, marine, motor, personal accident, theft, workmen's compensation and employer's liability insurance, and miscellaneous insurance.

Liberty Kenya Holdings (NAI:LBTY) Headlines

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