GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Al Ahleia Insurance Co (KUW:AINS) » Definitions » Liabilities-to-Assets

Al Ahleia Insurance Co (KUW:AINS) Liabilities-to-Assets : 0.59 (As of Mar. 2024)


View and export this data going back to 1984. Start your Free Trial

What is Al Ahleia Insurance Co Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Al Ahleia Insurance Co's Total Liabilities for the quarter that ended in Mar. 2024 was KWD224.1 Mil. Al Ahleia Insurance Co's Total Assets for the quarter that ended in Mar. 2024 was KWD379.6 Mil. Therefore, Al Ahleia Insurance Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.59.


Al Ahleia Insurance Co Liabilities-to-Assets Historical Data

The historical data trend for Al Ahleia Insurance Co's Liabilities-to-Assets 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.

Al Ahleia Insurance Co Liabilities-to-Assets Chart

Al Ahleia Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.63 0.56 0.60 0.60

Al Ahleia Insurance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets 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 0.66 0.61 0.60 0.60 0.59

Competitive Comparison of Al Ahleia Insurance Co's Liabilities-to-Assets

For the Insurance - Diversified subindustry, Al Ahleia Insurance Co's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Al Ahleia Insurance Co's Liabilities-to-Assets Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Al Ahleia Insurance Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Al Ahleia Insurance Co's Liabilities-to-Assets falls into.



Al Ahleia Insurance Co Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Al Ahleia Insurance Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=225.967/374.661
=0.60

Al Ahleia Insurance Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=224.085/379.595
=0.59

* 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.


Al Ahleia Insurance Co  (KUW:AINS) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Al Ahleia Insurance Co Liabilities-to-Assets Related Terms

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


Al Ahleia Insurance Co (KUW:AINS) Business Description

Traded in Other Exchanges
N/A
Address
Ahmad Al-Jaber Street, Building 21, Block No. 2, P.O.Box 1602, Al Ahleia Insurance Company Tower, Al-Sharq, Safat, Kuwait, KWT, 13017
Al Ahleia Insurance Co is engaged in the provision of insurance and reinsurance products and services. The operating business segments are General risk insurance, Life and Medical insurance and Reinsurance. The general risk insurance segment consists of marine and aviation, general accident and fire. Life and medical insurance segment consist of life insurance and medical insurance. Marine and aviation offer marine cargo and marine hull insurance. The fire and accident provide compensation, money, fidelity guarantee, third-party liability, professional indemnity, and product liability insurance, among others.

Al Ahleia Insurance Co (KUW:AINS) Headlines

No Headlines