Sanlam Kenya (NAI:SLAM) Debt-to-Equity : 5.82 (As of Dec. 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 Dec. 2023 was KES0 Mil. Sanlam Kenya's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KES4,727 Mil. Sanlam Kenya's Total Stockholders Equity for the quarter that ended in Dec. 2023 was KES812 Mil. Sanlam Kenya's debt to equity for the quarter that ended in Dec. 2023 was 5.82.

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: 2.8 Max: 5.82
Current: 2.4

During the past 13 years, the highest Debt-to-Equity Ratio of Sanlam Kenya was 5.82. The lowest was 0.27. And the median was 2.80.

NAI:SLAM's Debt-to-Equity is not ranked
in the Insurance industry.
Industry Median: 0.21 vs NAI:SLAM: 2.40

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

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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3.35

2.97

4.29

5.82

2.40

Sanlam Kenya Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															13.09	4.29	5.62	5.82	2.40

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.

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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. 2024 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
	=	(3041.628	+	1212.172)	/	1771.666
	=	2.40

Sanlam Kenya'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	+	4726.814)	/	811.796
	=	5.82

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

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Sanlam Kenya Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sanlam Kenya PLC (NAI:SLAM) » Definitions » Debt-to-Equity

Comparable Companies

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 Life risk, Life savings, Non-life, and Investments. Life risk contracts provide protection against the risk of premature death, disability or critical illness and, in the case of annuity contracts, extended longevity; Life savings contracts provide both savings and protection; Non-life contracts to corporate and individual customers. The company generates all its revenue from Kenya.

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