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Sanlam Kenya (NAI:SLAM) Debt-to-Equity : 5.62 (As of Jun. 2023)


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What is Sanlam Kenya Debt-to-Equity?

Sanlam Kenya's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was KES0 Mil. Sanlam Kenya's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was KES4,331 Mil. Sanlam Kenya's Total Stockholders Equity for the quarter that ended in Jun. 2023 was KES771 Mil. Sanlam Kenya's debt to equity for the quarter that ended in Jun. 2023 was 5.61.

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 Sanlam Kenya's Debt-to-Equity or its related term are showing as below:

NAI:SLAM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27   Med: 2.99   Max: 13.09
Current: 5.62

During the past 13 years, the highest Debt-to-Equity Ratio of Sanlam Kenya was 13.09. The lowest was 0.27. And the median was 2.99.

NAI:SLAM's Debt-to-Equity is ranked worse than
98.98% of 391 companies
in the Insurance industry
Industry Median: 0.23 vs NAI:SLAM: 5.62

Sanlam Kenya Debt-to-Equity Historical Data

The historical data trend for Sanlam Kenya'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.

Sanlam Kenya Debt-to-Equity Chart

Sanlam Kenya Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.63 1.98 3.35 5.55 7.62

Sanlam Kenya Semi-Annual Data
Dec11 Dec12 Jun13 Dec13 Jun14 Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 N/A 5.55 13.09 7.62 5.62

Competitive Comparison of Sanlam Kenya's Debt-to-Equity

For the Insurance - Life subindustry, Sanlam Kenya'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.

Sanlam Kenya's Debt-to-Equity Distribution in the Insurance Industry

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

* The bar in red indicates where Sanlam Kenya's Debt-to-Equity falls into.


Sanlam Kenya Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sanlam Kenya's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
=(2.31 + 4167.779) / 547.437
=7.62

Sanlam Kenya's Debt to Equity Ratio for the quarter that ended in Jun. 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 + 4330.668) / 771.334
=5.61

* 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.

Sanlam Kenya  (NAI:SLAM) 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.

Sanlam Kenya Debt-to-Equity Related Terms

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

Sanlam Kenya (NAI:SLAM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sanlam Kenya PLC (NAI:SLAM) » Definitions » Debt-to-Equity
Comparable Companies
NAI:LBTY NAI:CRWN NAI:UNGA NAI:SASN NAI:TPSE NAI:WTK NAI:CARB NAI:CIC NAI:HFCK NAI:BOC SHSE:601628 SHSE:601318 HKSE:01299 BOM:543526 AFL MET PRU SHSE:601601 TSX:MFC LSE:PRU
Traded in Other Exchanges
N/A
Address
Sanlam Tower, Waiyaki Way, P.O Box 44041, Westlands, Nairobi, KEN, 00100
Website
https://www.sanlam.com/kenya
Sanlam Kenya PLC is engaged in the underwriting of all classes of long-term and short-term insurance businesses through its subsidiaries. The reporting business segments of the company are the Ordinary life insurance segment offers individual life insurance products; the Superannuation segment deals with group insurance schemes; the General insurance segment offers general insurance products, and the Investments segment provides investment management services. The company generates all its revenue from Kenya.