EFU Life Assurance (KAR:EFUL) Debt-to-Equity : 0.10 (As of Dec. 2023)

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What is EFU Life Assurance Debt-to-Equity?

EFU Life Assurance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₨104 Mil. EFU Life Assurance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₨583 Mil. EFU Life Assurance's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₨6,949 Mil. EFU Life Assurance's debt to equity for the quarter that ended in Dec. 2023 was 0.10.

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 EFU Life Assurance's Debt-to-Equity or its related term are showing as below:

KAR:EFUL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.1 Max: 0.11
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of EFU Life Assurance was 0.11. The lowest was 0.07. And the median was 0.10.

KAR:EFUL's Debt-to-Equity is ranked better than
70.34% of 381 companies
in the Insurance industry
Industry Median: 0.24 vs KAR:EFUL: 0.10

EFU Life Assurance Debt-to-Equity Historical Data

The historical data trend for EFU Life Assurance'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.

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EFU Life Assurance Debt-to-Equity Chart

EFU Life Assurance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.07

0.08

0.11

0.10

EFU Life Assurance 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															0.11	0.11	0.10	0.09	0.10

Competitive Comparison of EFU Life Assurance's Debt-to-Equity

For the Insurance - Diversified subindustry, EFU Life Assurance'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.

EFU Life Assurance's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, EFU Life Assurance's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where EFU Life Assurance's Debt-to-Equity falls into.

EFU Life Assurance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

EFU Life Assurance'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
	=	(103.996	+	583.2)	/	6949.343
	=	0.10

EFU Life Assurance'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
	=	(103.996	+	583.2)	/	6949.343
	=	0.10

EFU Life Assurance (KAR:EFUL) 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.

EFU Life Assurance Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of EFU Life Assurance's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

EFU Life Assurance (KAR:EFUL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » EFU Life Assurance Ltd (KAR:EFUL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

8th East Street, Plot No. 112, EFU Life House, Phase 1, DHA, Karachi, SD, PAK

Website

https://www.efulife.com

EFU Life Assurance Ltd is engaged in providing insurance services. The company operates through various business segments namely investment linked business, conventional business, pension business, accident and health business, Family takaful investment linked business, and Family takaful protection business. It generates maximum revenue from the Investment Linked Business segment.

EFU Life Assurance (KAR:EFUL) Headlines

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