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Solidarityudi Takaful Co (SAU:8290) Debt-to-Equity : 0.00 (As of Sep. 2020)


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What is Solidarityudi Takaful Co Debt-to-Equity?

Solidarityudi Takaful Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was ﷼0.0 Mil. Solidarityudi Takaful Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was ﷼0.0 Mil. Solidarityudi Takaful Co's Total Stockholders Equity for the quarter that ended in Sep. 2020 was ﷼188.9 Mil. Solidarityudi Takaful Co's debt to equity for the quarter that ended in Sep. 2020 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 Solidarityudi Takaful Co's Debt-to-Equity or its related term are showing as below:

SAU:8290's Debt-to-Equity is not ranked *
in the Insurance industry.
Industry Median: 0.24
* Ranked among companies with meaningful Debt-to-Equity only.

Solidarityudi Takaful Co Debt-to-Equity Historical Data

The historical data trend for Solidarityudi Takaful Co'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.

Solidarityudi Takaful Co Debt-to-Equity Chart

Solidarityudi Takaful Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Debt-to-Equity
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Solidarityudi Takaful Co Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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Competitive Comparison of Solidarityudi Takaful Co's Debt-to-Equity

For the Insurance - Diversified subindustry, Solidarityudi Takaful Co'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.


Solidarityudi Takaful Co's Debt-to-Equity Distribution in the Insurance Industry

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

* The bar in red indicates where Solidarityudi Takaful Co's Debt-to-Equity falls into.



Solidarityudi Takaful Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Solidarityudi Takaful Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Solidarityudi Takaful Co's Debt to Equity Ratio for the quarter that ended in Sep. 2020 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.


Solidarityudi Takaful Co  (SAU:8290) 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.


Solidarityudi Takaful Co Debt-to-Equity Related Terms

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Solidarityudi Takaful Co (SAU:8290) Business Description

Traded in Other Exchanges
N/A
Address
King Fahad Road, Redex Tower 8th, 9th and 10th Floor, Riyadh, SAU, 11612
Solidarity Saudi Takaful Co engages in the provision of life and non-life insurance in Saudi Arabia. It offers a range of the Insurance products that are available for all the major lines of business such as Medical, Motor Vehicle, Property, Marine, Engineering, General Accident, Liability and Group Life Insurance.

Solidarityudi Takaful Co (SAU:8290) Headlines

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