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National General Insurance Co PSC (DFM:NGI) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is National General Insurance Co PSC Debt-to-Equity?

National General Insurance Co PSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ0.0 Mil. National General Insurance Co PSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ0.0 Mil. National General Insurance Co PSC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was د.إ573.5 Mil. National General Insurance Co PSC's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 National General Insurance Co PSC's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of National General Insurance Co PSC was 0.01. The lowest was 0.01. And the median was 0.01.

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

National General Insurance Co PSC Debt-to-Equity Historical Data

The historical data trend for National General Insurance Co PSC'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.

National General Insurance Co PSC Debt-to-Equity Chart

National General Insurance Co PSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 0.01 - -

National General Insurance Co PSC 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 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 - - - - -

Competitive Comparison of National General Insurance Co PSC's Debt-to-Equity

For the Insurance - Diversified subindustry, National General Insurance Co PSC'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.


National General Insurance Co PSC's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, National General Insurance Co PSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where National General Insurance Co PSC's Debt-to-Equity falls into.



National General Insurance Co PSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

National General Insurance Co PSC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

National General Insurance Co PSC's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


National General Insurance Co PSC  (DFM:NGI) 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.


National General Insurance Co PSC Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of National General Insurance Co PSC's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


National General Insurance Co PSC (DFM:NGI) Business Description

Traded in Other Exchanges
N/A
Address
Port Saeed Street, P.O. Box 154, Levels Ground, 3, 5, 6, NGI House, Dubai, ARE
National General Insurance Co PSC is an insurance service provider. The company operates in two segments namely General Insurance and Life Assurance. Its majority of the revenue is derived from the General Insurance segment. The company products portfolio includes Motor, Marine, Property and Casualty, Construction, Engineering, Life Protection, Savings, Investment and Health/Medical Insurance.

National General Insurance Co PSC (DFM:NGI) Headlines

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