Bahrain Kuwait Insurance Co BSC (BAH:BKIC) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is Bahrain Kuwait Insurance Co BSC Debt-to-Equity?

Bahrain Kuwait Insurance Co BSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BHD0.35 Mil. Bahrain Kuwait Insurance Co BSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BHD0.00 Mil. Bahrain Kuwait Insurance Co BSC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was BHD44.23 Mil. Bahrain Kuwait Insurance Co BSC's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Bahrain Kuwait Insurance Co BSC's Debt-to-Equity or its related term are showing as below:

BAH:BKIC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.01
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Bahrain Kuwait Insurance Co BSC was 0.01. The lowest was 0.01. And the median was 0.01.

BAH:BKIC's Debt-to-Equity is ranked better than
99.74% of 383 companies
in the Insurance industry
Industry Median: 0.25 vs BAH:BKIC: 0.01

Bahrain Kuwait Insurance Co BSC Debt-to-Equity Historical Data

The historical data trend for Bahrain Kuwait Insurance Co BSC's Debt-to-Equity 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.

Bahrain Kuwait Insurance Co BSC Debt-to-Equity Chart

Bahrain Kuwait Insurance Co BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

Bahrain Kuwait Insurance Co BSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Competitive Comparison of Bahrain Kuwait Insurance Co BSC's Debt-to-Equity

For the Insurance - Diversified subindustry, Bahrain Kuwait Insurance Co BSC's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Bahrain Kuwait Insurance Co BSC's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Bahrain Kuwait Insurance Co BSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bahrain Kuwait Insurance Co BSC's Debt-to-Equity falls into.

Bahrain Kuwait Insurance Co BSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bahrain Kuwait Insurance Co BSC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.353	+	0)	/	44.229
	=	0.01

Bahrain Kuwait Insurance Co BSC's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.353	+	0)	/	44.229
	=	0.01

Bahrain Kuwait Insurance Co BSC (BAH:BKIC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Bahrain Kuwait Insurance Co BSC Debt-to-Equity Related Terms

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Bahrain Kuwait Insurance Co BSC (BAH:BKIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Bahrain Kuwait Insurance Co BSC (BAH:BKIC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

BKIC Tower 2775, Road 2835, PO Box 10166, Block 428, Seef District, Manama, BHR

Website

https://www.gigbh.com

Bahrain Kuwait Insurance Co BSC is a Bahrain- based insurance company. The operating segment of the company is Fire and general, Motor, Marine and Aviation and Family Takaful. Fire and General covers risks of fire, general accident, medical, group life and special contingency. Motor covers risks of motor third party, motor comprehensive and extended warranty. Marine and Aviation cover risks of marine cargo, marine hull, and marine aviation. Family Takaful covers risks of group life, education, protection, savings, among others. Geographically, it operates in Bahrain and some other countries.

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